








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 2603 Trice Ave, Waco, TX, 76707 generates $1,554/mo in rent and, after a $979/mo payment, leaves $132/mo in cash flow. Total monthly income is $1,554/mo, and annual cash flow is $1,580/yr on $66,300 invested. Return on cash invested sits at 22.29% in year one, and rental yield is 9.32% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 116.84% and total cumulative return in cash sums $77,468. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,554/mo property income rather than buyer’s personal income.
Single Family
Built in 1942
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76707, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,387 (100%) |
| Owner Occupied HU | 2,930 (45.9%) |
| Renter Occupied HU | 2,786 (43.6%) |
| Vacant Housing Units | 671 (10.5%) |
| Median Home Value | $125,157 |
| Average Home Value | $169,327 |
Residential
5,753
Single Family
5,340
Multi-Family
413
Businesses
229
Date | Event | Price |
|---|---|---|
| 2025-07-07 | Listed for sale | $200,000 |
| 2024-06-29 | Listing removed | N/A |
| 2024-06-27 | Listed for rent | $1,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-07 | $1599.51 | -44.96% | $129,060 | -0.43% |
| 2023-07-07 | $2905.94 | -4.64% | $129,620 | 7.08% |
| 2022-07-07 | $3047.19 | 21.00% | $121,050 | 24.33% |



Listed by: Joanna Pace • Magnolia Realty
Mls Name: NTREIS
Mls ID: #20980552
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.