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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Waco at 1001 N 62nd St, Waco, TX, 76710 uses $81,383 cash to close to unlock $3,790/yr annual cash flow and $316/mo monthly cash flow. Total monthly income runs $2,062/mo, and a $1,202/mo payment keeps the spread at $316/mo. Purchase price stands at $245,500, and rental yield measures 10.08% with $2,062/mo rent. Return on cash invested shows 24.57% in year one, and 5% annual appreciation builds toward $67,827 over five years. Five-year ROI reaches 129.02% and total cumulative return in cash records $105,001. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,062/mo property income covering a $1,202/mo payment rather than investor’s personal income.
Single Family
Built in 1956
9,252 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76710, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,143 (100%) |
| Owner Occupied HU | 5,432 (44.7%) |
| Renter Occupied HU | 5,927 (48.8%) |
| Vacant Housing Units | 784 ( 6.5%) |
| Median Home Value | $276,703 |
| Average Home Value | $347,593 |
Residential
11,594
Single Family
8,678
Multi-Family
2,916
Businesses
1,729
Date | Event | Price |
|---|---|---|
| 2025-08-24 | Listed for sale | $245,500 |
| 2021-12-10 | Sold | N/A |
| 2021-10-30 | Pending sale | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-25 | $2785.42 | 0.28% | $186,850 | N/A |
| 2023-08-25 | $2777.53 | -40.95% | $186,850 | N/A |
| 2022-08-25 | $4703.57 | 30.25% | $186,850 | 33.84% |
Listed by: Brook Dowd • Brook Ashley Realtors
Mls Name: NTREIS
Mls ID: #21016972
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
