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% |
Investment property for sale in Waco at 1616 Lyle Ave, Waco, TX, 76708 offers a 9.19% rental yield on a $190,000 purchase with $1,455/mo rent. Total monthly income registers $1,455/mo, and a $930/mo payment leaves $77/mo available for distribution. Annual cash flow reaches $927/yr on $62,985 to close, and return on cash invested stands at 21.38% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 112.2% and total cumulative return in cash at $70,668. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,455/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
8,250 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 | Price change | $190,000 |
| 2025-04-08 | Price change | $175,000 |
| 2025-03-25 | Price change | $182,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-24 | $3473.81 | 0.62% | $154,000 | N/A |
| 2023-09-24 | $3452.52 | -16.43% | $154,000 | -6.16% |
| 2022-09-24 | $4131.14 | 48.55% | $164,110 | 52.65% |
Listed by: Amanda Lloyd • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21067650
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.
