The 2341 Plan, The Lakes at University Parks, Waco, TX, 76706 | $868/mo Cash Flow

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The 2341 Plan, The Lakes at University Parks, Waco, TX, 76706 | $868/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Waco at The 2341 Plan, The Lakes at University Parks, Waco, TX, 76706 with 5% annual appreciation on a $347,900 basis while $3,342/mo rent supports operations. Total monthly income totals $3,342/mo and a $1,703/mo payment preserves $868/mo for cash returns. Annual cash flow comes to $10,414/yr on $115,329 deployed, and return on cash invested reaches 28.94% in year one. Equity gained on principal adds $2,245/yr, and five-year appreciation sums $96,118 alongside rental yield of 11.53%. Five-year ROI measures 152.47% and total cumulative return in cash totals $175,839.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,342/mo property income versus a $1,703/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Some images shown may be from a previously built Stylecraft home of similar design. Actual options, colors, and selections may vary. Contact us for details! Stylecraft introduces The Brookshire! Inspired by the modern farmhouse and craftsman style homes, The Brookshire is part of our Heartland Series. Walk into an open-concept common area with a sizable kitchen island. The kitchen flows into the living room, with plenty of space to entertain! This two-story floorplan features 4 bedrooms with the option of adding a 3rd full bathroom upstairs. Downstairs, your home will feature a powder room! Featuring a dual primary vanity and a spacious primary bedroom with a walk-in closet, The Brookshire will be the home of your dreams.

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