2410 S 2nd St APT 1163WacoTX76706
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 2410 S 2nd St APT 1163, Waco, TX, 76706 generates $2,335/mo in rent and, after a $1,150/mo payment, leaves $664/mo in cash flow. Total monthly income is $2,335/mo, and annual cash flow is $7,969/yr on $77,903 invested. Return on cash invested sits at 30.14% in year one, and rental yield is 11.92% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 158.96% and total cumulative return in cash sums $123,832. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,335/mo property income rather than buyer’s personal income.
Condo
Built in 2007
3,092 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,206
Single Family
13,277
Multi-Family
1,929
Businesses
788
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices