3612 Hay Ave, Waco, TX, 76711 | $17/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3612 Hay Ave, Waco, TX, 76711 | $17/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Waco at 3612 Hay Ave, Waco, TX, 76711 listed at $205,000 pairs $1,474/mo rent with a $1,003/mo payment to leave $17/mo cash flow. Total monthly income runs $1,474/mo, and annual cash flow reaches $199/yr on $67,958 cash to close. Return on cash invested measures 20.2% in year one, and rental yield registers 8.63% at a $205,000 basis. Equity gained on principal adds $1,323/yr, and annual property appreciation at 5% supports $56,638 by year five. Five-year ROI tracks 105.64% and total cumulative return in cash totals $71,790. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,474/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1949

7,797 sqft lot

$N/A/sqft

No HOA

More details about the property

In the charming city of Waco, Texas, lies a property that exudes warmth and comfort. Located at 3612 Hay Dr., this 2 bedroom, 1 bath home boasts a generous 1009 square feet of living space, making it the perfect size. As you step inside, you'll be greeted by a spacious living areas, providing ample space for both relaxation and entertainment. The well-maintained home is in good shape for its age and price, radiating a sense of care and pride. This home also includes some key features, such as refinished wood floors, updated cabinets, granite counter-tops, and an updated restroom. But the perks don't stop there. This property also features a convenient garage and a storage-hobby shed in the back yard, ensuring that your vehicle is protected from the elements and extra space for your things or an area for your favorite hobby. And with its central location, you'll have easy access to schools, shopping, and delicious food options. Don't let this opportunity slip through your fingers. Come see for yourself how this property on Hay Dr. provide you with the perfect combination of comfort and convenience in the heart of Waco. Don't miss out on making this house your home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76711, Waco, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,372 (100%)
Owner Occupied HU	1,918 (43.9%)
Renter Occupied HU	1,837 (42.0%)
Vacant Housing Units	617 (14.1%)
Median Home Value	$116,667
Average Home Value	$151,031