








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Waco at 10242 Condor Loop, Waco, TX, 76708 generates $2,251/mo in rent and, after a $1,297/mo payment, leaves $353/mo in cash flow. Total monthly income is $2,251/mo, and annual cash flow is $4,234/yr on $87,848 invested. Return on cash invested sits at 24.73% in year one, and rental yield is 10.19% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 129.97% and total cumulative return in cash sums $114,171. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,251/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
7,884 sqft lot
$N/A/sqft
$165 annually HOA
Neighborhood data shown for ZIP Code: 76708, Waco, TX area.
| 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 |
Residential
11,224
Single Family
10,491
Multi-Family
733
Businesses
463
Date | Event | Price |
|---|---|---|
| 2025-04-19 | Listed for sale | $265,000 |
| 2018-08-28 | Listing removed | $160,000 |
| 2018-08-22 | Pending sale | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-20 | $3851.08 | 15.10% | $242,206 | 10.00% |
| 2023-04-20 | $3345.82 | -17.91% | $220,187 | 10.00% |
| 2022-04-20 | $4076.01 | -0.08% | $200,170 | 10.00% |



Listed by: Kristin McGowen • Texas Premier Realty
Mls Name: NTREIS
Mls ID: #20909281
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.