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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 1308 Park Ave, Waco, TX, 76706 at $147,900 posts ROI 14.18% with from $1,130/mo rent. Total monthly income equals $1,130/mo. Return on cash invested measures 14.18% and rental yield reads 9.17% at the current $147,900. Equity gained on principal adds $954/yr, and 5% annual appreciation supports $40,862 by year five. Five-year ROI prints 76.11% and total cumulative return in cash totals $37,315. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,130/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1984
N/A lot
$N/A/sqft
$250 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 |
|---|---|---|
| 2025-09-05 | Listed for sale | $147,900 |
| 2025-09-02 | Listing removed | $149,600 |
| 2025-08-06 | Listed for rent | $1,450 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-05 | $3201.33 | 0.62% | $141,920 | N/A |
| 2023-09-05 | $3181.71 | 32.56% | $141,920 | 48.84% |
| 2022-09-05 | $2400.24 | -2.68% | $95,350 | N/A |
Listed by: Tracy Childress • AG Real Estate & Associates
Mls Name: NTREIS
Mls ID: #21051603
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.
