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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 1530 Lyle Ave, Waco, TX, 76708 generates $1,481/mo in rent, after a $1,077/mo payment. Total monthly income is $1,481/mo. Return on cash invested sits at 18.53% in year one, and rental yield is 8.08% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 96.7% and total cumulative return in cash sums $70,523. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,481/mo property income rather than buyer’s personal income.
Single Family
Built in 1911
8,232 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76708, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,229 (100%) |
| Owner Occupied HU | 6,695 (59.6%) |
| Renter Occupied HU | 3,871 (34.5%) |
| Vacant Housing Units | 663 ( 5.9%) |
| Median Home Value | $262,406 |
| Average Home Value | $291,043 |
Residential
11,224
Single Family
10,491
Multi-Family
733
Businesses
463
Date | Event | Price |
|---|---|---|
| 2025-09-23 | Listed for sale | $220,000 |
| 2022-06-17 | Sold | N/A |
| 2022-05-05 | Pending sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-23 | $3426.51 | -28.21% | $231,280 | 8.63% |
| 2023-09-23 | $4773.01 | 36.85% | $212,900 | 53.66% |
| 2022-09-23 | $3487.72 | 76.07% | $138,550 | 80.92% |
Listed by: Tina Nguyen • EG Realty
Mls Name: NTREIS
Mls ID: #21067327
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.
