








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 3812 Leland Ave, Waco, TX, 76708 uses $53,007 cash to close to unlock $2,047/yr annual cash flow and $171/mo monthly cash flow. Total monthly income runs $1,308/mo, and a $783/mo payment keeps the spread at $171/mo. Purchase price stands at $159,900, and rental yield measures 9.82% with $1,308/mo rent. Return on cash invested shows 23.77% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 124.8% and total cumulative return in cash records $66,150. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,308/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1952
6,403 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Stevie Sheffield • Bentwood Realty
Mls Name: NTREIS
Mls ID: #21012914