3801 Homan 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
Investment property for sale in Waco at 3801 Homan Ave, Waco, TX, 76707 listed at $386,500 pairs $3,270/mo rent with a $1,892/mo payment to leave $521/mo cash flow. Total monthly income runs $3,270/mo, and annual cash flow reaches $6,255/yr on $128,125 cash to close. Return on cash invested measures 24.79% in year one, and rental yield registers 10.15% at a $386,500 basis. Equity gained on principal adds $2,494/yr, and annual property appreciation at 5% supports $106,783 by year five. Five-year ROI tracks 130.25% and total cumulative return in cash totals $166,885. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,270/mo property income relative to a $1,892/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1935
8,276 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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