2802 S 3rd A 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 2802 S 3rd A St, Waco, TX, 76706 offers a 11.8% rental yield on a $340,000 purchase with $3,342/mo rent. Total monthly income registers $3,342/mo, and a $1,664/mo payment leaves $924/mo available for distribution. Annual cash flow reaches $11,092/yr on $112,710 to close, and return on cash invested stands at 29.75% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 156.84% and total cumulative return in cash at $176,778. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,342/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
6,969 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
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