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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 2717 Alexander Ave, Waco, TX, 76708 at $230,000 posts ROI 19.68% with from $1,621/mo rent. Total monthly income equals $1,621/mo. Return on cash invested measures 19.68% and rental yield reads 8.46% at the current $230,000. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 by year five. Five-year ROI prints 102.85% and total cumulative return in cash totals $78,415. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,621/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1945
8,232 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76708, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,229 (100%) |
| Owner Occupied HU | 6,695 (59.6%) |
| Renter Occupied HU | 3,871 (34.5%) |
| Vacant Housing Units | 663 ( 5.9%) |
| Median Home Value | $262,406 |
| Average Home Value | $291,043 |
Residential
11,224
Single Family
10,491
Multi-Family
733
Businesses
463
Date | Event | Price |
|---|---|---|
| 2025-04-26 | Listed for sale | $230,000 |
| 2024-09-14 | Listing removed | $2,200 |
| 2024-08-28 | Listed for rent | $2,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-27 | $1646.91 | -41.00% | $131,370 | 5.52% |
| 2023-04-27 | $2791.17 | 21.47% | $124,500 | 36.39% |
| 2022-04-27 | $2297.80 | -2.68% | $91,280 | N/A |
Listed by: Edwin Diaz • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20915051
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.
