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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 1624 Lexington St, Waco, TX, 76711 earns $58/mo cash flow from $1,978/mo rent with a $1,322/mo payment. Total monthly income totals $1,978/mo, and annual cash flow totals $690/yr on $89,505 capital. ROI tracks 20.68% on current figures, and rental yield reads 8.79% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 108.21% and total cumulative return in cash sums $96,853. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,978/mo property income instead of your personal income.
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76711, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,372 (100%) |
| Owner Occupied HU | 1,918 (43.9%) |
| Renter Occupied HU | 1,837 (42.0%) |
| Vacant Housing Units | 617 (14.1%) |
| Median Home Value | $116,667 |
| Average Home Value | $151,031 |
Residential
3,858
Single Family
2,857
Multi-Family
1,001
Businesses
285
Date | Event | Price |
|---|---|---|
| 2025-01-27 | Price change | $270,000 |
| 2024-12-20 | Price change | $280,000 |
| 2024-05-31 | Pending sale | $115,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $917.24 | 12.00% | $103,578 | 10.00% |
| 2023-02-13 | $818.93 | -71.89% | $94,162 | -18.65% |
| 2022-02-13 | $2913.77 | 44.75% | $115,750 | 48.74% |
Listed by: Edwin Diaz • Coldwell Banker Apex, REALTORS
Mls Name: WMLS
Mls Provider:
Mls ID: #227259
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 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-13 06:23:23 PST
