2410 S 2nd StWacoTX76706
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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 2410 S 2nd St, Waco, TX, 76706 uses $77,571 cash to close to unlock $2,764/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $2,194/mo, and a $1,145/mo payment keeps the spread at $230/mo. Purchase price stands at $234,000, and rental yield measures 11.25% with $2,194/mo rent. Return on cash invested shows 23.47% in year one, and 5% annual appreciation builds toward $64,650 over five years. Five-year ROI reaches 124.89% and total cumulative return in cash records $96,879. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,194/mo property income covering a $1,145/mo payment rather than investor’s personal income.
Condo
Built in 2006
3,005 sqft lot
$N/A/sqft
$300 monthly 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
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Listed by: Cristy Nichols • Bentwood Realty
Mls Name: NTREIS
Mls ID: #21016483
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.