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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% |
Rental property for sale in Waco at 3204 Parrott Ave, Waco, TX, 76707 generates $1,181/mo in rent and, after a $759/mo payment, leaves $78/mo in cash flow. Total monthly income is $1,181/mo, and annual cash flow is $941/yr on $51,383 invested. Return on cash invested sits at 21.74% in year one, and rental yield is 9.14% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 113.91% and total cumulative return in cash sums $58,528. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,181/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76707, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,387 (100%) |
| Owner Occupied HU | 2,930 (45.9%) |
| Renter Occupied HU | 2,786 (43.6%) |
| Vacant Housing Units | 671 (10.5%) |
| Median Home Value | $125,157 |
| Average Home Value | $169,327 |
Residential
5,753
Single Family
5,340
Multi-Family
413
Businesses
229
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: Madison Ugochukwu • Logan Capital Real Estate, PLLC
Mls Name: NTREIS
Mls ID: #21083038
