The 2341 Plan, The Lakes at University Parks, Waco, TX, 76706 | $2,549/mo Cash Flow

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The 2341 Plan, The Lakes at University Parks, Waco, TX, 76706 | $2,549/mo Cash Flow | Ziffy

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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 uses $115,329 cash to close to unlock $30,586/yr annual cash flow and $2,549/mo monthly cash flow. Total monthly income runs $5,023/mo, and a $1,703/mo payment keeps the spread at $2,549/mo. Purchase price stands at $347,900, and rental yield measures 17.33% with $5,023/mo rent. Return on cash invested shows 46.43% in year one, and 5% annual appreciation builds toward $96,118 over five years. Five-year ROI reaches 246.27% and total cumulative return in cash records $284,019. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,023/mo property income covering a $1,703/mo payment rather than investor’s personal income.

Single Family

Built in 2024

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