








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 203 Faye St, Waco, TX, 76705 priced at $189,900 pairs $1,514/mo rent with $120/mo cash flow after a $929/mo payment. Total monthly income equals $1,514/mo, and annual cash flow comes to $1,435/yr on $62,952 invested. Return on cash invested is 22.19% in year one, and rental yield stands at 9.57% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 116.61% and total cumulative return in cash reaches $73,409. For financing, Ziffy Mortgage’s DSCR program evaluates $1,514/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
9,104 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76705, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,456 (100%) |
| Owner Occupied HU | 7,317 (54.4%) |
| Renter Occupied HU | 4,479 (33.3%) |
| Vacant Housing Units | 1,660 (12.3%) |
| Median Home Value | $216,331 |
| Average Home Value | $267,191 |
Residential
11,962
Single Family
10,974
Multi-Family
988
Businesses
632
Date | Event | Price |
|---|---|---|
| 2025-07-30 | Listed for sale | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-30 | $3686.01 | N/A | $193,548 | 79.39% |
| 2023-07-30 | N/A | N/A | $107,891 | 10.00% |
| 2022-07-30 | $809.83 | -3.06% | $98,083 | 10.00% |



Listed by: Daniela Rodriguez • Turner Brothers Real Estate, LLC
Mls Name: NTREIS
Mls ID: #21016997
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