625 Walker StWacoTX76704
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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 625 Walker St, Waco, TX, 76704 offers $1,711/mo rent that, after a $1,027/mo payment, leaves $219/mo cash flow. Total monthly income is $1,711/mo, and annual cash flow is $2,625/yr on $69,582 cash. Return on cash invested measures 23.68% in year one, and rental yield stands at 9.78% at a $209,900 entry. Equity gained on principal adds $1,354/yr while 5% annual appreciation compounds into $57,992 by year five. Five-year ROI records 124.29% and total cumulative return in cash reaches $86,480. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,711/mo property income versus a $1,027/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
8,232 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76704, Waco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,627 (100%) |
| Owner Occupied HU | 1,188 (32.8%) |
| Renter Occupied HU | 1,983 (54.7%) |
| Vacant Housing Units | 456 (12.6%) |
| Median Home Value | $137,931 |
| Average Home Value | $259,444 |
Housing Distribution
Address Breakdown
Residential
3,287
Single Family
2,600
Multi-Family
687
Businesses
193
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