








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 3408 Fadal Ave, Waco, TX, 76708 listed at $275,500 pairs $2,263/mo rent with a $1,348/mo payment to leave $304/mo cash flow. Total monthly income runs $2,263/mo, and annual cash flow reaches $3,652/yr on $91,328 cash to close. Return on cash invested measures 23.91% in year one, and rental yield registers 9.86% at a $275,500 basis. Equity gained on principal adds $1,778/yr, and annual property appreciation at 5% supports $76,116 by year five. Five-year ROI tracks 125.52% and total cumulative return in cash totals $114,636. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,263/mo property income relative to a $1,348/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
8,450 sqft 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 |
|---|---|---|
| 2025-06-24 | Listed for sale | $275,500 |
| 2013-04-19 | Sold | N/A |
| 2013-01-30 | Price change | $96,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-24 | $2310.69 | 23.77% | $168,233 | 14.41% |
| 2023-06-24 | $1866.87 | -24.46% | $147,039 | 10.00% |
| 2022-06-24 | $2471.52 | -4.91% | $133,672 | 10.00% |



Listed by: Bailey Gonzales • Kelly, Realtors
Mls Name: NTREIS
Mls ID: #20979787
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.