3308 Brannon DrWacoTX76710
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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
Investment property for sale in Waco at 3308 Brannon Dr, Waco, TX, 76710 uses $94,444 cash to close to unlock $78/yr annual cash flow and $6/mo monthly cash flow. Total monthly income runs $2,032/mo, and a $1,394/mo payment keeps the spread at $6/mo. Purchase price stands at $284,900, and rental yield measures 8.56% with $2,032/mo rent. Return on cash invested shows 19.99% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 104.52% and total cumulative return in cash records $98,711. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,032/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Single Family
Built in 1977
1,420 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76710, Waco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,143 (100%) |
| Owner Occupied HU | 5,432 (44.7%) |
| Renter Occupied HU | 5,927 (48.8%) |
| Vacant Housing Units | 784 ( 6.5%) |
| Median Home Value | $276,703 |
| Average Home Value | $347,593 |
Housing Distribution
Address Breakdown
Residential
11,594
Single Family
8,678
Multi-Family
2,916
Businesses
1,729
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