617 S 12th StWacoTX76706
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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
Rental property for sale in Waco at 617 S 12th St, Waco, TX, 76706 generates $3,371/mo in rent, after a $4,099/mo payment. Total monthly income is $3,371/mo. Return on cash invested sits at 8.8% in year one, and rental yield is 4.83% on a $837,500 entry. Equity gained on principal adds $5,404/yr, while 5% annual appreciation builds toward $231,386 over five years. Five-year ROI reaches 44.48% and total cumulative return in cash sums $122,553. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,371/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76706, Waco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,478 (100%) |
| Owner Occupied HU | 6,004 (34.4%) |
| Renter Occupied HU | 9,655 (55.2%) |
| Vacant Housing Units | 1,819 (10.4%) |
| Median Home Value | $272,760 |
| Average Home Value | $299,834 |
Housing Distribution
Address Breakdown
Residential
15,206
Single Family
13,277
Multi-Family
1,929
Businesses
788
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