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% |
Rental property for sale in Waco at 1229 Lewis St, Waco, TX, 76705 generates $1,447/mo in rent and, after a $930/mo payment, leaves $34/mo in cash flow. Total monthly income is $1,447/mo, and annual cash flow is $407/yr on $62,985 invested. Return on cash invested sits at 20.56% in year one, and rental yield is 9.14% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 107.93% and total cumulative return in cash sums $67,980. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,447/mo property income rather than buyer’s personal income.
Single Family
Built in 1946
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76705, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,456 (100%) |
| Owner Occupied HU | 7,317 (54.4%) |
| Renter Occupied HU | 4,479 (33.3%) |
| Vacant Housing Units | 1,660 (12.3%) |
| Median Home Value | $216,331 |
| Average Home Value | $267,191 |
Residential
11,962
Single Family
10,974
Multi-Family
988
Businesses
632
Date | Event | Price |
|---|---|---|
| 2025-06-23 | Listed for sale | $190,000 |
| 2020-06-16 | Sold | N/A |
| 2020-05-15 | Pending sale | $110,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-23 | $3897.33 | 34.94% | $190,100 | 17.75% |
| 2023-06-23 | $2888.14 | 2.07% | $161,440 | 15.64% |
| 2022-06-23 | $2829.55 | 3.34% | $139,610 | 12.75% |
Listed by: Sarah Martin • Kelly, Realtors
Mls Name: NTREIS
Mls ID: #20978060
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.
