310 N Bermuda StWacoTX76705
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 310 N Bermuda St, Waco, TX, 76705 generates $1,766/mo in rent, after a $1,257/mo payment. Total monthly income is $1,766/mo. Return on cash invested sits at 19.06% in year one, and rental yield is 8.25% on a $256,900 entry. Equity gained on principal adds $1,658/yr, while 5% annual appreciation builds toward $70,977 over five years. Five-year ROI reaches 99.51% and total cumulative return in cash sums $84,748. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,766/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76705, Waco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,456 (100%) |
| Owner Occupied HU | 7,317 (54.4%) |
| Renter Occupied HU | 4,479 (33.3%) |
| Vacant Housing Units | 1,660 (12.3%) |
| Median Home Value | $216,331 |
| Average Home Value | $267,191 |
Housing Distribution
Address Breakdown
Residential
11,962
Single Family
10,974
Multi-Family
988
Businesses
632
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Antoinette Ratliff • Texas Premier Realty
Mls Name: NTREIS
Mls ID: #20908963
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.