Fargo Plan, Eagles LandingWacoTX76708
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fargo Plan, Eagles Landing, Waco, TX, 76708 priced at $286,990 converts $2,514/mo rent into $473/mo cash flow after a $1,405/mo obligation. Total monthly income equals $2,514/mo, and annual cash flow totals $5,674/yr on $95,137 invested. Return on cash invested prints 25.87% in year one, and rental yield reads 10.51% against a $286,990 entry. Equity gained on principal adds $1,852/yr, while 5% annual appreciation compiles into $79,290 by year five. Five-year ROI reaches 136.03% and total cumulative return in cash sums $129,415. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,514/mo property income covering a $1,405/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76708, Waco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,229 (100%) |
| Owner Occupied HU | 6,695 (59.6%) |
| Renter Occupied HU | 3,871 (34.5%) |
| Vacant Housing Units | 663 ( 5.9%) |
| Median Home Value | $262,406 |
| Average Home Value | $291,043 |
Housing Distribution
Address Breakdown
Residential
11,224
Single Family
10,491
Multi-Family
733
Businesses
463
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