1716 Nelva St, Waco, TX, 76711 | $441/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1716 Nelva St, Waco, TX, 76711 | $441/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Waco at 1716 Nelva St, Waco, TX, 76711 offers a 11.65% rental yield on a $170,000 purchase with $1,650/mo rent. Total monthly income registers $1,650/mo, and a $832/mo payment leaves $441/mo available for distribution. Annual cash flow reaches $5,294/yr on $56,355 to close, and return on cash invested stands at 29.3% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 154.5% and total cumulative return in cash at $87,069. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,650/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1952

8,058 sqft lot

$N/A/sqft

No HOA

More details about the property

Step into the warmth and character of this 1950s home located at 1716 Nelva. Offering 3 bedrooms and 1 full bath, this property blends vintage charm with everyday functionality. Natural light fills the spacious living area, creating an inviting atmosphere perfect for relaxing or entertaining. The kitchen provides plenty of cabinet space and a layout ready for your personal touch. Each bedroom offers comfortable space, and the bathroom maintains a clean, functional design. Outside, enjoy a generous backyard with room to create your own outdoor retreatideal for gardening, gatherings, or simply relaxing under the Texas sky. Nestled in an established Waco neighborhood, this home is a great opportunity for first-time buyers, investors, or anyone seeking a solid home with character and potential. With easy access to schools, shopping, and major roadways, convenience is right at your doorstep. Dont miss your chance to make this charming home your ownschedule a showing today! This home includes an energy-efficient solar panel system. Seller is open to either paying off the system at closing or transferring the existing loan to a qualified buyer.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76711, Waco, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,372 (100%)
Owner Occupied HU	1,918 (43.9%)
Renter Occupied HU	1,837 (42.0%)
Vacant Housing Units	617 (14.1%)
Median Home Value	$116,667
Average Home Value	$151,031