








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 3304 Ferndale Dr, Waco, TX, 76706 at $155,000 posts ROI 21.69% with $76/mo cash flow from $1,244/mo rent. Total monthly income equals $1,244/mo, and annual cash flow records $914/yr on $51,383 to close. Return on cash invested measures 21.69% and rental yield reads 9.63% at the current $155,000. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 by year five. Five-year ROI prints 114.26% and total cumulative return in cash totals $58,708.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,244/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
6,969 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 |
|---|---|---|
| 2025-02-01 | Listed for sale | $155,000 |
| 2024-12-11 | Listing removed | $165,000 |
| 2024-11-26 | Listed for sale | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $3356.51 | 200.98% | $148,800 | 36.91% |
| 2023-02-13 | $1115.20 | -33.98% | $108,686 | 10.00% |
| 2022-02-13 | $1689.26 | -6.23% | $98,805 | 10.00% |



Listed by: Juana Gallegos • CIF Real Estate Services, Inc.
Mls Name: WMLS
Mls Provider:
Mls ID: #227930
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 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-13 05:53:23 PST