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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 2321 Glendale Dr, Waco, TX, 76710 offers $1,976/mo rent that, after a $1,268/mo payment, leaves $38/mo cash flow. Total monthly income is $1,976/mo, and annual cash flow is $454/yr on $85,859 cash. Return on cash invested measures 20.44% in year one, and rental yield stands at 9.16% at a $259,000 entry. Equity gained on principal adds $1,671/yr while 5% annual appreciation compounds into $71,557 by year five. Five-year ROI records 107.39% and total cumulative return in cash reaches $92,200. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,976/mo property income versus a $1,268/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
9,147 sqft 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 |
|---|---|---|
| 2025-04-29 | Listed for sale | $259,000 |
| 2022-05-14 | Listing removed | N/A |
| 2022-05-06 | Listed for rent | $1,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $5453.00 | 0.62% | $241,741 | N/A |
| 2023-04-30 | $5419.59 | 20.26% | $241,741 | 35.04% |
| 2022-04-30 | $4506.46 | 40.27% | $179,020 | 44.14% |
Listed by: Mikayla Alred • Texas Premier Realty
Mls Name: NTREIS
Mls ID: #20914640
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.
