5236 Lake Shore Dr #3WacoTX76710
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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 5236 Lake Shore Dr #3, Waco, TX, 76710 earns from $1,367/mo rent with a $1,224/mo payment. Total monthly income totals $1,367/mo. ROI tracks 13.96% on current figures, and rental yield reads 6.56% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 72.13% and total cumulative return in cash sums $59,782. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,367/mo property income instead of your personal income.
Condo
Built in 1969
7,230 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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