








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 3820 James Ave, Waco, TX, 76711 with 5% annual appreciation on a $215,000 basis while $1,744/mo rent supports operations. Total monthly income totals $1,744/mo and a $1,052/mo payment preserves $215/mo for cash returns. Annual cash flow comes to $2,585/yr on $71,273 deployed, and return on cash invested reaches 23.54% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 9.73%. Five-year ROI measures 123.53% and total cumulative return in cash totals $88,045.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,744/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
8,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76711, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,372 (100%) |
| Owner Occupied HU | 1,918 (43.9%) |
| Renter Occupied HU | 1,837 (42.0%) |
| Vacant Housing Units | 617 (14.1%) |
| Median Home Value | $116,667 |
| Average Home Value | $151,031 |
Residential
3,858
Single Family
2,857
Multi-Family
1,001
Businesses
285
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: Debanhi Jobe • Keller Williams Realty, Waco
Mls Name: NTREIS
Mls ID: #21080406