








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 3313 James Ave, Waco, TX, 76711 priced at $150,000 converts $1,139/mo rent into $73/mo cash flow after a $734/mo obligation. Total monthly income equals $1,139/mo, and annual cash flow totals $870/yr on $49,725 invested. Return on cash invested prints 21.66% in year one, and rental yield reads 9.11% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 113.48% and total cumulative return in cash sums $56,430. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,139/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1952
9,256 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76711, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,372 (100%) |
| Owner Occupied HU | 1,918 (43.9%) |
| Renter Occupied HU | 1,837 (42.0%) |
| Vacant Housing Units | 617 (14.1%) |
| Median Home Value | $116,667 |
| Average Home Value | $151,031 |
Residential
3,858
Single Family
2,857
Multi-Family
1,001
Businesses
285
Date | Event | Price |
|---|---|---|
| 2024-11-09 | Listed for sale | $150,000 |
| 2024-05-16 | Listing removed | $145,900 |
| 2024-05-06 | Listed for sale | $145,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-23 | $2439.11 | 5.97% | $108,130 | 5.32% |
| 2023-05-23 | $2301.76 | -1.13% | $102,670 | 11.02% |
| 2022-05-23 | $2328.00 | 38.82% | $92,480 | 42.65% |



Listed by: Jessica Cuevas • Versatile Real Estate Co.
Mls Name: NTREIS
Mls ID: #226586
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.