








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 2316 N 41st St, Waco, TX, 76708 listed at $175,000 pairs $1,404/mo rent with a $857/mo payment to leave $159/mo cash flow. Total monthly income runs $1,404/mo, and annual cash flow reaches $1,909/yr on $58,013 cash to close. Return on cash invested measures 23.2% in year one, and rental yield registers 9.63% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 121.79% and total cumulative return in cash totals $70,651. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,404/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
8,799 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76708, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,229 (100%) |
| Owner Occupied HU | 6,695 (59.6%) |
| Renter Occupied HU | 3,871 (34.5%) |
| Vacant Housing Units | 663 ( 5.9%) |
| Median Home Value | $262,406 |
| Average Home Value | $291,043 |
Residential
11,224
Single Family
10,491
Multi-Family
733
Businesses
463
Date | Event | Price |
|---|---|---|
| 2025-08-06 | Listed for sale | $175,000 |
| 2024-02-14 | Sold | N/A |
| 2024-01-20 | Pending sale | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-07 | $2407.20 | 201.20% | $160,000 | 26.28% |
| 2023-08-07 | $799.19 | -24.06% | $126,702 | 10.00% |
| 2022-08-07 | $1052.36 | -28.19% | $115,184 | 10.00% |



Listed by: Joe Reed • Weichert, Realtors - The Eastland Group
Mls Name: NTREIS
Mls ID: #21022926
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.