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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 2410 S 2nd St APT 839, Waco, TX, 76706 generates $1,628/mo in rent, after a $1,138/mo payment. Total monthly income is $1,628/mo. Return on cash invested sits at 13.83% in year one, and rental yield is 8.4% on a $232,500 entry. Equity gained on principal adds $1,500/yr, while 5% annual appreciation builds toward $64,235 over five years. Five-year ROI reaches 73.53% and total cumulative return in cash sums $56,676. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,628/mo property income rather than buyer’s personal income.
Condo
Built in 2006
3,049 sqft lot
$N/A/sqft
$294 monthly HOA
Neighborhood data shown for ZIP Code: 76706, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,478 (100%) |
| Owner Occupied HU | 6,004 (34.4%) |
| Renter Occupied HU | 9,655 (55.2%) |
| Vacant Housing Units | 1,819 (10.4%) |
| Median Home Value | $272,760 |
| Average Home Value | $299,834 |
Residential
15,206
Single Family
13,277
Multi-Family
1,929
Businesses
788
Date | Event | Price |
|---|---|---|
| 2025-05-10 | Listed for sale | $232,500 |
| 2025-04-04 | Listed for rent | $2,055 |
| 2021-06-06 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-11 | $4714.90 | 1.90% | $209,020 | 1.28% |
| 2023-05-11 | $4626.84 | 1.19% | $206,380 | 13.62% |
| 2022-05-11 | $4572.41 | 14.35% | $181,640 | 17.51% |
Listed by: Mary Rodriguez • Carbajal Realty
Mls Name: NTREIS
Mls ID: #20931851
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.
