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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 1307 N 62nd St, Waco, TX, 76710 earns $78/mo cash flow from $1,998/mo rent with a $1,322/mo payment. Total monthly income totals $1,998/mo, and annual cash flow totals $930/yr on $89,505 capital. ROI tracks 20.95% on current figures, and rental yield reads 8.88% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 109.64% and total cumulative return in cash sums $98,137. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,998/mo property income instead of your personal income.
Single Family
Built in 1955
10,018 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 |
|---|---|---|
| 2025-06-26 | Listed for sale | $270,000 |
| 2022-03-17 | Sold | N/A |
| 2022-02-15 | Pending sale | $259,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $3836.93 | 1.84% | $238,090 | 1.12% |
| 2023-06-26 | $3767.70 | -35.93% | $235,460 | 0.79% |
| 2022-06-26 | $5880.90 | 51.68% | $233,620 | 55.86% |
Listed by: Camie Cross • Logan Capital Real Estate, PLLC
Mls Name: NTREIS
Mls ID: #20980735
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.
