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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 386 Cavitt Ct, Waco, TX, 76706 with 5% annual appreciation on a $485,000 basis while $4,553/mo rent supports operations. Total monthly income totals $4,553/mo and a $2,374/mo payment preserves $1,104/mo for cash returns. Annual cash flow comes to $13,247/yr on $160,778 deployed, and return on cash invested reaches 28.15% in year one. Equity gained on principal adds $3,130/yr, and five-year appreciation sums $133,997 alongside rental yield of 11.27%. Five-year ROI measures 148.22% and total cumulative return in cash totals $238,310.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,553/mo property income versus a $2,374/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
10,672 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76706, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,478 (100%) |
| Owner Occupied HU | 6,004 (34.4%) |
| Renter Occupied HU | 9,655 (55.2%) |
| Vacant Housing Units | 1,819 (10.4%) |
| Median Home Value | $272,760 |
| Average Home Value | $299,834 |
Residential
15,206
Single Family
13,277
Multi-Family
1,929
Businesses
788
Date | Event | Price |
|---|---|---|
| 2025-05-22 | Listed for sale | $485,000 |
| 2022-10-10 | Sold | N/A |
| 2022-09-11 | Pending sale | $450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-22 | $7421.09 | 4.93% | $475,980 | 4.21% |
| 2023-05-22 | $7072.38 | -20.53% | $456,750 | 7.77% |
| 2022-05-22 | $8899.65 | 32.70% | $423,830 | 42.47% |
Listed by: Amanda Grundman • Magnolia Realty
Mls Name: NTREIS
Mls ID: #20942295
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.
