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 1511 Gurley Ave, Waco, TX, 76706 generates $1,068/mo in rent, after a $1,150/mo payment. Total monthly income is $1,068/mo. Return on cash invested sits at 10.62% in year one, and rental yield is 5.46% on a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 54.29% and total cumulative return in cash sums $42,273. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,068/mo property income rather than buyer’s personal income.
Single Family
Built in 1922
6,751 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 |
|---|---|---|
| 2025-05-25 | Listed for sale | $234,900 |
| 2025-02-21 | Sold | N/A |
| 2025-02-17 | Pending sale | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-26 | $1658.85 | -23.40% | $73,540 | -23.87% |
| 2023-05-26 | $2165.68 | -0.13% | $96,600 | 12.14% |
| 2022-05-26 | $2168.40 | 33.80% | $86,140 | 37.49% |
Listed by: Yesica Ruiz • EG Realty
Mls Name: NTREIS
Mls ID: #20947765
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.
