2949 N Speegleville Rd, Waco, TX, 76712 | $649/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2949 N Speegleville Rd, Waco, TX, 76712 | $649/mo Cash Flow | Ziffy

Off market

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

Rental property for sale in Waco at 2949 N Speegleville Rd, Waco, TX, 76712 generates $2,282/mo in rent and, after a $1,124/mo payment, leaves $649/mo in cash flow. Total monthly income is $2,282/mo, and annual cash flow is $7,790/yr on $76,096 invested. Return on cash invested sits at 30.15% in year one, and rental yield is 11.93% on a $229,550 entry. Equity gained on principal adds $1,481/yr, while 5% annual appreciation builds toward $63,420 over five years. Five-year ROI reaches 159.02% and total cumulative return in cash sums $121,005. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,282/mo property income rather than buyer’s personal income.

Home Type Unknown

Built in 1986

1 Acres lot

$N/A/sqft

No HOA

More details about the property

FOR SALE WACO, TEXAS (Speegleville area) N Speegleville Rd and Cherokee Trail across from Lake Waco and Reynolds Creek. Will be shown by private appointments only. 167.01 acres of beautiful natural Texas grasses, including 128 acres of which are under flood plain, and a brick home with with 3 bedrooms, and 2 full baths for $1,700,000. The 128 acres under flood plain is great for livestock, hay, agriculture, sports and hunting. It has a creek that runs through it, a water meter, water pump house, hay barn on it, old house (non habitable) and cinder block storage building. It also has lots of wildlife, deer, turkey. The other 39 acres has three tanks, one of which is spring fed, a 3 bedroom, 2 bath house, 2 barns and a creek that runs through it, as well. Selling as a whole, unless you would like to just buy the128 acres at $7,500 per acre, only then we will divide. Message me if interested.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76712, Woodway, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,159 (100%)
Owner Occupied HU	7,758 (63.8%)
Renter Occupied HU	3,664 (30.1%)
Vacant Housing Units	737 ( 6.1%)
Median Home Value	$345,561
Average Home Value	$391,016