2209 Lee 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 2209 Lee St, Waco, TX, 76711 earns $138/mo cash flow from $1,418/mo rent with a $881/mo payment. Total monthly income totals $1,418/mo, and annual cash flow totals $1,659/yr on $59,637 capital. ROI tracks 22.69% on current figures, and rental yield reads 9.46% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 119.04% and total cumulative return in cash sums $70,989. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,418/mo property income instead of your personal income.
Single Family
Built in 1955
8,232 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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