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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% |
Investment property for sale in Waco at 3508 Leland Ave, Waco, TX, 76708 uses $56,355 cash to close to unlock $920/yr annual cash flow and $77/mo monthly cash flow. Total monthly income runs $1,350/mo, and a $832/mo payment keeps the spread at $77/mo. Purchase price stands at $170,000, and rental yield measures 9.53% with $1,350/mo rent. Return on cash invested shows 21.54% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 113.32% and total cumulative return in cash records $63,861. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,350/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1953
6,011 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 |
|---|---|---|
| 2025-06-27 | Listed for sale | $170,000 |
| 2016-08-12 | Listing removed | $74,900 |
| 2016-07-30 | Listed for sale | $74,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $3596.31 | 8.57% | $159,430 | 7.91% |
| 2023-06-27 | $3312.41 | -4.64% | $147,750 | 7.07% |
| 2022-06-27 | $3473.62 | 24.72% | $137,990 | 28.16% |
Listed by: Kevin Barrera • Haus Realty Group, LLC
Mls Name: NTREIS
Mls ID: #20983623
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.
