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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 1314 N 15th St, Waco, TX, 76707 generates $2,350/mo in rent, after a $1,786/mo payment. Total monthly income is $2,350/mo. Return on cash invested sits at 17.48% in year one, and rental yield is 7.73% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 91% and total cumulative return in cash sums $110,107. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,350/mo property income rather than buyer’s personal income.
Single Family
Built in 1912
8,398 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76707, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,387 (100%) |
| Owner Occupied HU | 2,930 (45.9%) |
| Renter Occupied HU | 2,786 (43.6%) |
| Vacant Housing Units | 671 (10.5%) |
| Median Home Value | $125,157 |
| Average Home Value | $169,327 |
Residential
5,753
Single Family
5,340
Multi-Family
413
Businesses
229
Date | Event | Price |
|---|---|---|
| 2025-04-09 | Listed for sale | $365,000 |
| 2024-11-05 | Listing removed | $365,000 |
| 2024-08-05 | Listed for sale | $444,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-10 | $3970.06 | 0.62% | $176,000 | N/A |
| 2023-04-10 | $3945.75 | -10.43% | $176,000 | 0.57% |
| 2022-04-10 | $4405.27 | -8.63% | $175,000 | -6.11% |
Listed by: Daniela Rodriguez • Turner Brothers Real Estate, LLC
Mls Name: NTREIS
Mls ID: #229317
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.
