2410 S 2nd St APT 1053, Waco, TX, 76706 | $619/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

2410 S 2nd St APT 1053, Waco, TX, 76706 | $619/mo Cash Flow | Ziffy

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1810 sft

3929 Huaco Ln, Waco, TX, 76710

3 Bed
2 Bath
1759 sft

805 Glasgow Dr, Waco, TX, 76710

3 Bed
2 Bath
1743 sft

112 Bowie Ln, Hewitt, TX, 76643

3 Bed
2 Bath
1522 sft

7108 Oxford Dr, Woodway, TX, 76712

Nearby investment properties with comparable prices

2 Bed
2 Bath
1042 sft

3819 Hubby Ave, Waco, TX, 76710

3 Bed
2 Bath
1008 sft

1605 Sheppard St, Waco, TX, 76711

3 Bed
2 Bath
968 sft

3825 Speight Ave, Waco, TX, 76711

3 Bed
2 Bath
1680 sft

108 Pine St, Eddy, TX, 76524

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Waco at 2410 S 2nd St APT 1053, Waco, TX, 76706 generates $2,184/mo in rent and, after a $1,077/mo payment, leaves $619/mo in cash flow. Total monthly income is $2,184/mo, and annual cash flow is $7,432/yr on $72,930 invested. Return on cash invested sits at 30.1% in year one, and rental yield is 11.91% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 158.73% and total cumulative return in cash sums $115,763. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,184/mo property income rather than buyer’s personal income.

Condo

Built in 2006

3,005 sqft lot

$N/A/sqft

No HOA

More details about the property

BAYLOR PARENTS & INVESTORS- Presenting a fantastic opportunity at Bandera Ranch, 2410 S 2nd Street, Waco, TX.a 3-bedroom, 3-bathroom condo ideal for Baylor students or investors. This well-maintained two-story condominium features an open-concept first floor with a spacious living area, kitchen, pantry, and one bedroom with a full bath, providing convenience and privacy for guests or roommates. Upstairs, youll find two additional bedrooms, each with their own en suite bathrooms, creating comfortable and separated living spaces perfect for student living or maximizing rental income. The property is located just blocks from Baylor University and is part of a gated community that offers a wide array of amenities, including a resort-style pool with spa, fitness center, clubhouse, and more. With its proximity to campus, modern layout, and strong investment potential, this residence is an excellent choice for those seeking a turnkey solution in one of Wacos most sought-after areas for student housing and investor returns

Neighborhood Data

Neighborhood data shown for ZIP Code: 76706, Waco, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,478 (100%)
Owner Occupied HU	6,004 (34.4%)
Renter Occupied HU	9,655 (55.2%)
Vacant Housing Units	1,819 (10.4%)
Median Home Value	$272,760
Average Home Value	$299,834