204 Keys Creek DrWacoTX76708
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Waco at 204 Keys Creek Dr, Waco, TX, 76708 offers $3,965/mo rent that, after a $2,863/mo payment. Total monthly income is $3,965/mo. Return on cash invested measures 18.4% in year one, and rental yield stands at 8.13% at a $584,900 entry. Equity gained on principal adds $3,774/yr while 5% annual appreciation compounds into $161,597 by year five. Five-year ROI records 96.13% and total cumulative return in cash reaches $184,979. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,965/mo property income versus a $2,863/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.51 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76708, Waco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,229 (100%) |
| Owner Occupied HU | 6,695 (59.6%) |
| Renter Occupied HU | 3,871 (34.5%) |
| Vacant Housing Units | 663 ( 5.9%) |
| Median Home Value | $262,406 |
| Average Home Value | $291,043 |
Housing Distribution
Address Breakdown
Residential
11,224
Single Family
10,491
Multi-Family
733
Businesses
463
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Listed by: Michelle Hering • Logan Capital Real Estate, PLLC
Mls Name: WMLS
Mls Provider:
Mls ID: #227335
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-13 05:53:23 PST