








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 2804 Connor Ave, Waco, TX, 76711 priced at $219,000 converts $1,961/mo rent into $404/mo cash flow after a $1,072/mo obligation. Total monthly income equals $1,961/mo, and annual cash flow totals $4,843/yr on $72,599 invested. Return on cash invested prints 26.58% in year one, and rental yield reads 10.75% against a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation compiles into $60,506 by year five. Five-year ROI reaches 139.85% and total cumulative return in cash sums $101,529. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,961/mo property income covering a $1,072/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76711, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,372 (100%) |
| Owner Occupied HU | 1,918 (43.9%) |
| Renter Occupied HU | 1,837 (42.0%) |
| Vacant Housing Units | 617 (14.1%) |
| Median Home Value | $116,667 |
| Average Home Value | $151,031 |
Residential
3,858
Single Family
2,857
Multi-Family
1,001
Businesses
285
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: Jonathan Olvera • Weichert, Realtors - The Eastland Group
Mls Name: NTREIS
Mls ID: #21104007