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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 1416 Speight Ave, Waco, TX, 76706 earns $127/mo cash flow from $2,018/mo rent with a $1,272/mo payment. Total monthly income totals $2,018/mo, and annual cash flow totals $1,519/yr on $86,157 capital. ROI tracks 21.67% on current figures, and rental yield reads 9.32% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 113.75% and total cumulative return in cash sums $98,002. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,018/mo property income instead of your personal income.
Single Family
Built in 1930
8,450 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 |
|---|---|---|
| 2024-08-09 | Listed for sale | $259,900 |
| 2023-05-08 | Listing removed | N/A |
| 2023-05-06 | Listed for rent | $1,150 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $4833.09 | 9.55% | $215,580 | 23.01% |
| 2022-08-31 | $4411.57 | 13.41% | $175,250 | 16.54% |
| 2021-08-31 | $3889.89 | N/A | $150,380 | -0.52% |
Listed by: William "Seth" Banks • The Triliji Group
Mls Name: WMLS
Mls Provider:
Mls ID: #224838
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-08-31 05:58:23 PDT
