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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 3016 Andalusian Ln, Waco, TX, 76706 at $285,000 posts ROI 19.21% with from $1,972/mo rent. Total monthly income equals $1,972/mo. Return on cash invested measures 19.21% and rental yield reads 8.3% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 100.35% and total cumulative return in cash totals $94,806. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,972/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
5,209 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76706, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,478 (100%) |
| Owner Occupied HU | 6,004 (34.4%) |
| Renter Occupied HU | 9,655 (55.2%) |
| Vacant Housing Units | 1,819 (10.4%) |
| Median Home Value | $272,760 |
| Average Home Value | $299,834 |
Residential
15,206
Single Family
13,277
Multi-Family
1,929
Businesses
788
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: Gabrielle Robles • Texas Luxury and Land
Mls Name: NTREIS
Mls ID: #21127487
