Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1226 Baylor Ave APT 105, Waco, TX, 76706 listed at $162,000 pairs $2,435/mo rent with a $793/mo payment to leave $1,077/mo cash flow. Total monthly income runs $2,435/mo, and annual cash flow reaches $12,919/yr on $53,703 cash to close. Return on cash invested measures 43.97% in year one, and rental yield registers 18.04% at a $162,000 basis. Equity gained on principal adds $1,045/yr, and annual property appreciation at 5% supports $44,758 by year five. Five-year ROI tracks 234.75% and total cumulative return in cash totals $126,065. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,435/mo property income relative to a $793/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
1,803 sqft lot
$N/A/sqft
$189 monthly HOA
Neighborhood data shown for ZIP Code: 76706, Waco, TX area.
| 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 |
Residential
15,206
Single Family
13,277
Multi-Family
1,929
Businesses
788
Date | Event | Price |
|---|---|---|
| 2024-08-05 | Listed for sale | $162,000 |
| 2021-07-07 | Listing removed | N/A |
| 2021-05-24 | Pending sale | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $2897.21 | -3.39% | $129,230 | 8.48% |
| 2022-08-31 | $2998.86 | 22.41% | $119,130 | 25.78% |
| 2021-08-31 | $2449.87 | N/A | $94,710 | 23.46% |
Listed by: Rose Shook • Berkshire Hathaway Texas Realty
Mls Name: WMLS
Mls Provider:
Mls ID: #224552
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-08-31 05:58:23 PDT
