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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% |
Investment property for sale in Waco at 2557 Paddock Ln, Waco, TX, 76706 at $307,500 posts ROI 22.26% with $200/mo cash flow from $2,405/mo rent. Total monthly income equals $2,405/mo, and annual cash flow records $2,395/yr on $101,936 to close. Return on cash invested measures 22.26% and rental yield reads 9.39% at the current $307,500. Equity gained on principal adds $1,984/yr, and 5% annual appreciation supports $84,957 by year five. Five-year ROI prints 116.73% and total cumulative return in cash totals $118,995.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,405/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2012
6,838 sqft lot
$N/A/sqft
$225 annually 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 |
|---|---|---|
| 2025-04-18 | Listed for sale | $307,500 |
| 2021-03-16 | Sold | N/A |
| 2021-02-01 | Pending sale | $217,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $4156.84 | 1.96% | $290,300 | 1.45% |
| 2023-04-18 | $4077.03 | -17.44% | $286,140 | 6.04% |
| 2022-04-18 | $4938.42 | 14.15% | $269,850 | 24.98% |
Listed by: Amanda LaRue • Keller Williams Realty, Waco
Mls Name: NTREIS
Mls ID: #20908461
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.
