806 N 62nd StWacoTX76710
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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 806 N 62nd St, Waco, TX, 76710 earns $19/mo cash flow from $1,126/mo rent with a $685/mo payment. Total monthly income totals $1,126/mo, and annual cash flow totals $224/yr on $46,410 capital. ROI tracks 20.39% on current figures, and rental yield reads 9.65% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 107.69% and total cumulative return in cash sums $49,978. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,126/mo property income instead of your personal income.
Townhouse
Built in 1973
2,526 sqft lot
$N/A/sqft
$112 monthly 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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Listed by: Ashley Temple • Texas Premier Realty
Mls Name: NTREIS
Mls ID: #20962008
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.