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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 3412 Lyle Ave, Waco, TX, 76708 priced at $249,900 converts $1,980/mo rent into $203/mo cash flow after a $1,223/mo obligation. Total monthly income equals $1,980/mo, and annual cash flow totals $2,437/yr on $82,842 invested. Return on cash invested prints 22.85% in year one, and rental yield reads 9.51% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 119.87% and total cumulative return in cash sums $99,302. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,980/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 1954
0.28 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 |
|---|---|---|
| 2025-05-12 | Listed for sale | $249,900 |
| 2019-06-15 | Listing removed | $149,900 |
| 2019-06-01 | Pending sale | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-12 | $3857.29 | 1.10% | $171,000 | 0.48% |
| 2023-05-12 | $3815.49 | -3.64% | $170,190 | 8.19% |
| 2022-05-12 | $3959.71 | 4.99% | $157,300 | 7.88% |
Listed by: Farhan Ajanee • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20932360
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.
