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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 1029 N New Rd, Waco, TX, 76710 offers a 11.64% rental yield on a $209,000 purchase with $2,028/mo rent. Total monthly income registers $2,028/mo, and a $1,023/mo payment leaves $542/mo available for distribution. Annual cash flow reaches $6,501/yr on $69,284 to close, and return on cash invested stands at 29.29% in year one. Equity gained on principal adds $1,349/yr while 5% annual appreciation supports $57,743 over five years. Portfolio math shows five-year ROI at 154.36% and total cumulative return in cash at $106,946. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,028/mo property income against a $1,023/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
7,919 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 |
|---|---|---|
| 2025-09-14 | Listed for sale | $209,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-15 | $3383.58 | -13.37% | $150,000 | -13.90% |
| 2023-09-15 | $3905.84 | -5.70% | $174,220 | 5.88% |
| 2022-09-15 | $4141.95 | 36.63% | $164,540 | 40.39% |
Listed by: Judson Griffis • Judson Griffis Real Estate
Mls Name: NTREIS
Mls ID: #21059128
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.
