








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 3613 Pine Ave, Waco, TX, 76708 offers a 9.01% rental yield on a $150,000 purchase with $1,126/mo rent. Total monthly income registers $1,126/mo, and a $734/mo payment leaves $60/mo available for distribution. Annual cash flow reaches $714/yr on $49,725 to close, and return on cash invested stands at 21.34% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 111.77% and total cumulative return in cash at $55,578. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,126/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
7,043 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 |
|---|---|---|
| 2025-06-07 | Listed for sale | $150,000 |
| 2020-07-08 | Sold | N/A |
| 2020-06-06 | Pending sale | $126,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-08 | $848.22 | 10.21% | $90,533 | 10.00% |
| 2023-06-08 | $769.64 | -70.19% | $82,303 | -19.76% |
| 2022-06-08 | $2582.00 | 58.92% | $102,570 | 63.30% |



Listed by: Melissa Miller • Magnolia Realty
Mls Name: NTREIS
Mls ID: #20961433
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.