








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 3917 N 31st St, Waco, TX, 76708 earns from $2,310/mo rent with a $1,897/mo payment. Total monthly income totals $2,310/mo. ROI tracks 15.74% on current figures, and rental yield reads 7.15% at a $387,500 purchase. Equity gained on principal adds $2,500/yr, and 5% annual appreciation supports $107,059 over five years. Five-year ROI reaches 81.75% and total cumulative return in cash sums $105,015. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,310/mo property income instead of your personal income.
Single Family
Built in 1960
0.64 Acres 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 |
|---|---|---|
| 2025-05-30 | Listed for sale | $387,500 |
| 2021-03-24 | Listing removed | N/A |
| 2014-05-16 | Listing removed | $141,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | $1635.03 | -20.30% | $180,000 | -0.83% |
| 2023-05-30 | $2051.39 | -22.47% | $181,500 | 10.00% |
| 2022-05-30 | $2646.00 | -19.23% | $165,000 | N/A |



Listed by: Shelly Negrete • Camille Johnson
Mls Name: NTREIS
Mls ID: #20951909
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.