The 1953 Plan, The Lakes at University ParksWacoTX76706
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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 The 1953 Plan, The Lakes at University Parks, Waco, TX, 76706 at $332,900 posts ROI 26.33% with $590/mo cash flow from $2,957/mo rent. Total monthly income equals $2,957/mo, and annual cash flow records $7,081/yr on $110,356 to close. Return on cash invested measures 26.33% and rental yield reads 10.66% at the current $332,900. Equity gained on principal adds $2,148/yr, and 5% annual appreciation supports $91,974 by year five. Five-year ROI prints 138.49% and total cumulative return in cash totals $152,829.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,957/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
N/A 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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