1716 Nelva StWacoTX76711
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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
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
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 |
Housing Distribution
Address Breakdown
Residential
3,858
Single Family
2,857
Multi-Family
1,001
Businesses
285
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