3225 Edmond AveWacoTX76707
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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
Rental property for sale in Waco at 3225 Edmond Ave, Waco, TX, 76707 priced at $268,000 converts $2,176/mo rent into $270/mo cash flow after a $1,312/mo obligation. Total monthly income equals $2,176/mo, and annual cash flow totals $3,239/yr on $88,842 invested. Return on cash invested prints 23.56% in year one, and rental yield reads 9.74% against a $268,000 entry. Equity gained on principal adds $1,729/yr, while 5% annual appreciation compiles into $74,043 by year five. Five-year ROI reaches 123.6% and total cumulative return in cash sums $109,809. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,176/mo property income covering a $1,312/mo payment, not borrower’s personal income.
Single Family
Built in 1948
7,187 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
5,753
Single Family
5,340
Multi-Family
413
Businesses
229
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Listed by: Kristen Jackson • Bray Real Estate Group- Dallas
Mls Name: NTREIS
Mls ID: #20838343
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.