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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, Waco, TX, 76706 offers $1,250/mo rent that, after a $761/mo payment, leaves $144/mo cash flow. Total monthly income is $1,250/mo, and annual cash flow is $1,732/yr on $51,548 cash. Return on cash invested measures 23.27% in year one, and rental yield stands at 9.65% at a $155,500 entry. Equity gained on principal adds $1,003/yr while 5% annual appreciation compounds into $42,962 by year five. Five-year ROI records 122.13% and total cumulative return in cash reaches $62,957. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,250/mo property income versus a $761/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1984
1,742 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 |
|---|---|---|
| 2025-05-09 | Listed for sale | $155,500 |
| 2021-05-11 | Sold | N/A |
| 2021-04-24 | Pending sale | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jeany Warneke • Coldwell Banker Apex Realtors
Mls Name: Coldwell Banker Apex, Realtors
Mls Provider:
Mls ID: #20930963
