1831 Mountainview Dr, Waco, TX, 76710 | $248/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1831 Mountainview Dr, Waco, TX, 76710 | $248/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 1831 Mountainview Dr, Waco, TX, 76710 offers a 9.68% rental yield on a $260,000 purchase with $2,097/mo rent. Total monthly income registers $2,097/mo, and a $1,273/mo payment leaves $248/mo available for distribution. Annual cash flow reaches $2,972/yr on $86,190 to close, and return on cash invested stands at 23.36% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 122.54% and total cumulative return in cash at $105,617. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,097/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1962

0.27 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover your next chapter in this charming, move-in-ready ranch-style residence nestled on a corner lot in the heart of the coveted Mountainview neighborhood. Property Highlights: This delightful brick home features 3 bedrooms and 2 full baths across approximately 1,628 sq ft of living space. Positioned on a generous 0.27-acre lot (about 11,800 sq ft) in the charming Ridgedale subdivision perfect for outdoor entertaining. The spacious two-car attached garage offers convenient access to an oversized laundry-utility room ideal for everyday ease and storage. Inside, youll be greeted by an inviting open-concept layout framed by crown molding and abundant natural light. The heart of the home is undoubtedly the modern kitchen, which boasts: Granite countertops and an expansive center island with built-in beverage cooler perfect for gathering or prepping meals. Stainless steel side-by-side refrigerator, built-in cooktop, built-in oven, dishwasher, and an abundance of cabinetry for storage and display. A large adjacent dining room featuring corner cabinetry for your display pieces or wine glasses creating a sense of elegance for everyday meals and special occasions alike. Sliding glass doors off the kitchen that open to the patio, seamlessly blending indoor and outdoor living perfect for morning coffee or evening cookouts. Each bedroom offers generous closet space and comfortable proportions. On the outside, the home is built of brick. With a corner lot location: Enjoy added privacy and curb appeal. The backyard patio area offers a tranquil spot to unwind and enjoy the Texas weather. Convenient parking with a driveway, garage, and additional concrete parking space. Centrally located, easy access to local amenities and shopping. No HOA. Zoned for Waco ISD.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76710, Waco, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,143 (100%)
Owner Occupied HU	5,432 (44.7%)
Renter Occupied HU	5,927 (48.8%)
Vacant Housing Units	784 ( 6.5%)
Median Home Value	$276,703
Average Home Value	$347,593