2912 Edmond Ave, Waco, TX, 76707 | $1,104/mo Cash Flow

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2912 Edmond Ave, Waco, TX, 76707 | $1,104/mo Cash Flow | Ziffy

Pending

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Waco at 2912 Edmond Ave, Waco, TX, 76707 uses $38,123 cash to close to unlock $13,249/yr annual cash flow and $1,104/mo monthly cash flow. Total monthly income runs $1,922/mo, and a $563/mo payment keeps the spread at $1,104/mo. Purchase price stands at $115,000, and rental yield measures 20.06% with $1,922/mo rent. Return on cash invested shows 54.66% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 290.56% and total cumulative return in cash records $110,769. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,922/mo property income covering a $563/mo payment rather than investor’s personal income.

Single Family

Built in 1929

5,314 sqft lot

$N/A/sqft

No HOA

More details about the property

Step back in time and discover the charm of this classic 1929 Craftsman-style bungalow, nestled in a well-established Waco neighborhood. Lovingly owned by one family for generations, this home is filled with vintage character and timeless details that are increasingly hard to find. From the moment you arrive, youll be greeted by a wide, welcoming front porch perfect for morning coffee or evening chats. Inside, the home boasts original features including beautiful built-in cabinetry, vintage glass door knobs, and period-appropriate tiling and tub. Hard floors and traditional Craftsman trim bring warmth and authenticity throughout the space. The kitchen features a newer gas hot water heater, and has a gas line in place for the stove! The shady backyard offers a peaceful escape with mature trees, and the weathered garage offers additional storage space. The front sidewalk adds to the friendly, walkable charm of the neighborhood. This home is being sold as-is, offering a unique opportunity for those with a love of historic homes and an eye for restoration. Whether you're looking to preserve its classic appeal or thoughtfully update it for modern living, 2912 Edmond Ave is full of potential and heart. Dont miss this rare chance to own a piece of Wacos history.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76707, Waco, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,387 (100%)
Owner Occupied HU	2,930 (45.9%)
Renter Occupied HU	2,786 (43.6%)
Vacant Housing Units	671 (10.5%)
Median Home Value	$125,157
Average Home Value	$169,327