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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 2009 Broadway St, Waco, TX, 76704 generates $1,967/mo in rent and, after a $1,224/mo payment, leaves $189/mo in cash flow. Total monthly income is $1,967/mo, and annual cash flow is $2,266/yr on $82,875 invested. Return on cash invested sits at 22.64% in year one, and rental yield is 9.44% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 118.72% and total cumulative return in cash sums $98,386. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,967/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76704, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,627 (100%) |
| Owner Occupied HU | 1,188 (32.8%) |
| Renter Occupied HU | 1,983 (54.7%) |
| Vacant Housing Units | 456 (12.6%) |
| Median Home Value | $137,931 |
| Average Home Value | $259,444 |
Residential
3,287
Single Family
2,600
Multi-Family
687
Businesses
193
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Listed for sale | $250,000 |
| 2024-09-13 | Listing removed | $1,850 |
| 2024-08-06 | Listed for rent | $1,850 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $2836.67 | -13.20% | $125,755 | -13.73% |
| 2023-06-27 | $3268.02 | -10.45% | $145,770 | 0.54% |
| 2022-06-27 | $3649.58 | 38.98% | $144,980 | 42.81% |
Listed by: Daniel Gentry • Lifestyles Realty Dallas, Inc
Mls Name: NTREIS
Mls ID: #20983326
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.
