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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 341 River Ln, Waco, TX, 76708 generates $3,551/mo in rent, after a $4,307/mo payment. Total monthly income is $3,551/mo. Return on cash invested sits at 8.84% in year one, and rental yield is 4.84% on a $880,000 entry. Equity gained on principal adds $5,679/yr, while 5% annual appreciation builds toward $243,128 over five years. Five-year ROI reaches 44.68% and total cumulative return in cash sums $129,368. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,551/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
2.06 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 |
|---|---|---|
| 2025-04-11 | Listed for sale | $880,000 |
| 2019-11-06 | Listing removed | $669,000 |
| 2019-08-09 | Pending sale | $669,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-11 | $5232.31 | 0.92% | $400,000 | N/A |
| 2023-04-11 | $5184.71 | -11.51% | $400,000 | 0.60% |
| 2022-04-11 | $5858.94 | -2.85% | $397,629 | 5.29% |
Listed by: Roman Novian • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20901336
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.
