5210 Lake Shore DrWacoTX76710
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
Rental property for sale in Waco at 5210 Lake Shore Dr, Waco, TX, 76710 priced at $179,999 pairs $1,822/mo rent with $542/mo cash flow after a $881/mo payment. Total monthly income equals $1,822/mo, and annual cash flow comes to $6,504/yr on $59,670 invested. Return on cash invested is 30.81% in year one, and rental yield stands at 12.15% on a $179,999 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,730 by year five. Five-year ROI measures 162.5% and total cumulative return in cash reaches $96,964. For financing, Ziffy Mortgage’s DSCR program evaluates $1,822/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1969
7,252 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices