








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 3164 Clater Powell Rd, Waco, TX, 76705 priced at $899,000 converts $2,674/mo rent into after a $4,400/mo obligation. Total monthly income equals $2,674/mo. Return on cash invested prints 4.97% in year one, and rental yield reads 3.57% against a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation compiles into $248,377 by year five. Five-year ROI reaches 23.94% and total cumulative return in cash sums $70,798. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,674/mo property income covering a $4,400/mo payment, not borrower’s personal income.
Single Family
Built in 2004
40.31 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: Kadette Fossum • Bridge Realty
Mls Name: NTREIS
Mls ID: #21082178