3310 Lake Heights DrWacoTX76708
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
Investment property for sale in Waco at 3310 Lake Heights Dr, Waco, TX, 76708 earns $480/mo cash flow from $2,471/mo rent with a $1,370/mo payment. Total monthly income totals $2,471/mo, and annual cash flow totals $5,764/yr on $92,820 capital. ROI tracks 26.12% on current figures, and rental yield reads 10.59% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 137.38% and total cumulative return in cash sums $127,521. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,471/mo property income instead of your personal income.
Single Family
Built in 1954
0.34 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheryl Gaskins • Integrity Home and Ranch Properties
Mls Name: HAR
Mls Provider:
Mls ID: #11525088
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is 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 is deemed reliable but not guaranteed.