








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 3405 Macarthur Dr, Waco, TX, 76708 generates $2,794/mo in rent, after a $2,814/mo payment. Total monthly income is $2,794/mo. Return on cash invested sits at 11.85% in year one, and rental yield is 5.83% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 60.81% and total cumulative return in cash sums $115,043. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,794/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76708, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,229 (100%) |
| Owner Occupied HU | 6,695 (59.6%) |
| Renter Occupied HU | 3,871 (34.5%) |
| Vacant Housing Units | 663 ( 5.9%) |
| Median Home Value | $262,406 |
| Average Home Value | $291,043 |
Residential
11,224
Single Family
10,491
Multi-Family
733
Businesses
463
Date | Event | Price |
|---|---|---|
| 2025-05-07 | Price change | $575,000 |
| 2025-03-19 | Price change | $650,000 |
| 2024-11-15 | Price change | $675,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-07 | $4809.84 | 0.48% | $285,500 | N/A |
| 2023-05-07 | $4787.01 | -20.99% | $285,500 | 0.18% |
| 2022-05-07 | $6058.86 | 28.44% | $285,000 | 56.28% |



Listed by: Haley Holden • Texas Luxury and Land
Mls Name: NTREIS
Mls ID: #20927997
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.