








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 272 Locklar Loop, Waco, TX, 76705 priced at $299,000 converts $2,203/mo rent into $77/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,203/mo, and annual cash flow totals $927/yr on $99,119 invested. Return on cash invested prints 20.84% in year one, and rental yield reads 8.84% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 109.1% and total cumulative return in cash sums $108,142. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,203/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1985
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76705, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,456 (100%) |
| Owner Occupied HU | 7,317 (54.4%) |
| Renter Occupied HU | 4,479 (33.3%) |
| Vacant Housing Units | 1,660 (12.3%) |
| Median Home Value | $216,331 |
| Average Home Value | $267,191 |
Residential
11,962
Single Family
10,974
Multi-Family
988
Businesses
632
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: Vianey Suarez • EG Realty
Mls Name: NTREIS
Mls ID: #21075410