Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 291 Rio Rim Rd, Waco, TX, 76705 generates $1,972/mo in rent and, after a $1,273/mo payment, leaves $123/mo in cash flow. Total monthly income is $1,972/mo, and annual cash flow is $1,472/yr on $86,190 invested. Return on cash invested sits at 21.62% in year one, and rental yield is 9.1% on a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 113.21% and total cumulative return in cash sums $97,577. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,972/mo property income rather than buyer’s personal income.
Manufactured
Built in 2021
0.85 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 |
|---|---|---|
| 2024-07-31 | Price change | $260,000 |
| 2024-06-22 | Price change | $285,900 |
| 2024-05-07 | Price change | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Aaron Majewski • Magnolia Realty
Mls Name: WMLS
Mls Provider:
Mls ID: #224584
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-11-20 00:51:38 PST
