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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 2605 Homan Ave, Waco, TX, 76707 at $250,000 posts ROI 24.89% with $344/mo cash flow from $2,122/mo rent. Total monthly income equals $2,122/mo, and annual cash flow records $4,126/yr on $82,875 to close. Return on cash invested measures 24.89% and rental yield reads 10.19% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 130.75% and total cumulative return in cash totals $108,358.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,122/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1927
8,250 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tina Wilson • Texas Premier Realty
Mls Name: NTREIS
Mls ID: #220605
