








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 2131 Lenamon St, Waco, TX, 76710 generates $2,214/mo in rent and, after a $1,317/mo payment, leaves $175/mo in cash flow. Total monthly income is $2,214/mo, and annual cash flow is $2,097/yr on $89,174 invested. Return on cash invested sits at 22.26% in year one, and rental yield is 9.88% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 117.29% and total cumulative return in cash sums $104,591. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,214/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76710, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,143 (100%) |
| Owner Occupied HU | 5,432 (44.7%) |
| Renter Occupied HU | 5,927 (48.8%) |
| Vacant Housing Units | 784 ( 6.5%) |
| Median Home Value | $276,703 |
| Average Home Value | $347,593 |
Residential
11,594
Single Family
8,678
Multi-Family
2,916
Businesses
1,729
Date | Event | Price |
|---|---|---|
| 2025-04-16 | Listed for sale | $269,000 |
| 2015-03-25 | Sold | N/A |
| 2015-03-19 | Pending sale | $135,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-16 | $5976.53 | 1.78% | $264,950 | 1.16% |
| 2023-04-16 | $5871.76 | -5.40% | $261,910 | 6.23% |
| 2022-04-16 | $6206.65 | 25.51% | $246,560 | 28.97% |



Listed by: Tiffanye Harrell • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20904879
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.