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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 3017 Live Oak Ave, Waco, TX, 76708 offers a 9.41% rental yield on a $199,000 purchase with $1,560/mo rent. Total monthly income registers $1,560/mo, and a $974/mo payment leaves $145/mo available for distribution. Annual cash flow reaches $1,739/yr on $65,969 to close, and return on cash invested stands at 22.54% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 118.19% and total cumulative return in cash at $77,970. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,560/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
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 |
|---|---|---|
| 2025-06-18 | Listed for sale | $199,000 |
| 2022-11-30 | Sold | N/A |
| 2022-11-14 | Pending sale | $198,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-18 | $3122.81 | 6.62% | $138,440 | 5.97% |
| 2023-06-18 | $2928.82 | 7.48% | $130,640 | 20.68% |
| 2022-06-18 | $2724.97 | 22.18% | $108,250 | 25.55% |
Listed by: Illene Heard • Real Broker, LLC
Mls Name: NTREIS
Mls ID: #20973854
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.
