




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 2004 Avondale Ave, Waco, TX, 76707 uses $39,780 cash to close to unlock $8,928/yr annual cash flow and $744/mo monthly cash flow. Total monthly income runs $1,597/mo, and a $587/mo payment keeps the spread at $744/mo. Purchase price stands at $120,000, and rental yield measures 15.97% with $1,597/mo rent. Return on cash invested shows 42.35% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 224.42% and total cumulative return in cash records $89,275. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,597/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1939
6,926 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76707, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,387 (100%) |
| Owner Occupied HU | 2,930 (45.9%) |
| Renter Occupied HU | 2,786 (43.6%) |
| Vacant Housing Units | 671 (10.5%) |
| Median Home Value | $125,157 |
| Average Home Value | $169,327 |
Residential
5,753
Single Family
5,340
Multi-Family
413
Businesses
229
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Trenae Stinnett • The Agency Waco
Mls Name: NTREIS
Mls ID: #21133122