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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% |
Rental property for sale in Waco at 1226 Baylor Ave APT 116, Waco, TX, 76706 generates $998/mo in rent and, after a $631/mo payment, leaves $81/mo in cash flow. Total monthly income is $998/mo, and annual cash flow is $973/yr on $42,764 invested. Return on cash invested sits at 22.18% in year one, and rental yield is 9.28% on a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 116.37% and total cumulative return in cash sums $49,765. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $998/mo property income rather than buyer’s personal income.
Condo
Built in 1984
1,785 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jeany Warneke • Covington Real Estate
Mls Name: NTREIS
Mls ID: #21090899
