1900 Ruidoso DrWacoTX76712
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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 1900 Ruidoso Dr, Waco, TX, 76712 offers a 8.77% rental yield on a $289,500 purchase with $2,116/mo rent. Total monthly income registers $2,116/mo, and a $1,417/mo payment leaves $57/mo available for distribution. Annual cash flow reaches $687/yr on $95,969 to close, and return on cash invested stands at 20.63% in year one. Equity gained on principal adds $1,868/yr while 5% annual appreciation supports $79,984 over five years. Portfolio math shows five-year ROI at 107.93% and total cumulative return in cash at $103,575. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,116/mo property income against a $1,417/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
10,802 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76712, Woodway, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,159 (100%) |
| Owner Occupied HU | 7,758 (63.8%) |
| Renter Occupied HU | 3,664 (30.1%) |
| Vacant Housing Units | 737 ( 6.1%) |
| Median Home Value | $345,561 |
| Average Home Value | $391,016 |
Housing Distribution
Address Breakdown
Residential
12,041
Single Family
10,323
Multi-Family
1,718
Businesses
1,182
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