3208 N 24th StWacoTX76708
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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
Investment property for sale in Waco at 3208 N 24th St, Waco, TX, 76708 earns $94/mo cash flow from $1,160/mo rent with a $734/mo payment. Total monthly income totals $1,160/mo, and annual cash flow totals $1,122/yr on $49,725 capital. ROI tracks 22.17% on current figures, and rental yield reads 9.28% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 116.21% and total cumulative return in cash sums $57,786. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,160/mo property income instead of your personal income.
Single Family
Built in 1950
8,746 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76708, Waco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,229 (100%) |
| Owner Occupied HU | 6,695 (59.6%) |
| Renter Occupied HU | 3,871 (34.5%) |
| Vacant Housing Units | 663 ( 5.9%) |
| Median Home Value | $262,406 |
| Average Home Value | $291,043 |
Housing Distribution
Address Breakdown
Residential
11,224
Single Family
10,491
Multi-Family
733
Businesses
463
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Nearby investment properties with comparable prices
Listed by: Elizabeth Guerrero • EG Realty
Mls Name: WMLS
Mls Provider:
Mls ID: #225799
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-12-27 00:25:32 PST