900 Murphy RdWacoTX76705
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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 900 Murphy Rd, Waco, TX, 76705 generates $2,398/mo in rent and, after a $1,336/mo payment, leaves $457/mo in cash flow. Total monthly income is $2,398/mo, and annual cash flow is $5,485/yr on $90,466 invested. Return on cash invested sits at 25.97% in year one, and rental yield is 10.54% on a $272,900 entry. Equity gained on principal adds $1,761/yr, while 5% annual appreciation builds toward $75,397 over five years. Five-year ROI reaches 136.62% and total cumulative return in cash sums $123,600. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,398/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76705, Waco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,456 (100%) |
| Owner Occupied HU | 7,317 (54.4%) |
| Renter Occupied HU | 4,479 (33.3%) |
| Vacant Housing Units | 1,660 (12.3%) |
| Median Home Value | $216,331 |
| Average Home Value | $267,191 |
Housing Distribution
Address Breakdown
Residential
11,962
Single Family
10,974
Multi-Family
988
Businesses
632
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