








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 3316 James Ave, Waco, TX, 76711 generates $1,457/mo in rent and, after a $857/mo payment, leaves $212/mo in cash flow. Total monthly income is $1,457/mo, and annual cash flow is $2,545/yr on $58,013 invested. Return on cash invested sits at 24.3% in year one, and rental yield is 9.99% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 127.66% and total cumulative return in cash sums $74,059. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,457/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
9,234 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 |
|---|---|---|
| 2025-05-04 | Listed for sale | $175,000 |
| 2022-07-28 | Sold | N/A |
| 2022-06-27 | Pending sale | $149,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-04 | $2768.44 | 5.17% | $122,730 | 4.52% |
| 2023-05-04 | $2632.45 | 5.87% | $117,420 | 18.87% |
| 2022-05-04 | $2486.59 | 34.50% | $98,780 | 38.21% |



Listed by: Amber Brown • White Label Realty
Mls Name: NTREIS
Mls ID: #20924979
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.