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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 1929 Gurley Ln, Waco, TX, 76706 generates $2,346/mo in rent, after a $1,640/mo payment. Total monthly income is $2,346/mo. Return on cash invested sits at 19.51% in year one, and rental yield is 8.4% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 101.95% and total cumulative return in cash sums $113,216. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,346/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.60 Acres 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 |
|---|---|---|
| 2025-09-12 | Price change | $335,000 |
| 2025-08-11 | Price change | $329,950 |
| 2025-08-08 | Listed for sale | $415,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-13 | $2902.66 | 1.95% | $128,680 | 1.32% |
| 2023-09-13 | $2847.22 | -36.69% | $127,000 | -28.92% |
| 2022-09-13 | $4497.41 | 234.28% | $178,660 | 28.41% |
Listed by: Juana Gallegos • Texas Premier Realty
Mls Name: NTREIS
Mls ID: #21058499
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.
