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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% |
Rental property for sale in Waco at 5304 Black Horse Ct, Waco, TX, 76708 offers $3,154/mo rent that, after a $1,982/mo payment, leaves $233/mo cash flow. Total monthly income is $3,154/mo, and annual cash flow is $2,801/yr on $134,258 cash. Return on cash invested measures 22% in year one, and rental yield stands at 9.35% at a $405,000 entry. Equity gained on principal adds $2,613/yr while 5% annual appreciation compounds into $111,894 by year five. Five-year ROI records 115.38% and total cumulative return in cash reaches $154,910. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,154/mo property income versus a $1,982/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
8,712 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 |
|---|---|---|
| 2025-05-06 | Listed for sale | $405,000 |
| 2024-04-01 | Sold | N/A |
| 2024-02-25 | Contingent | $389,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-06 | $7213.07 | -3.35% | $385,000 | 15.28% |
| 2023-05-06 | $7463.20 | 662.94% | $333,970 | 777.25% |
| 2022-05-06 | $978.21 | 8.44% | $38,070 | 10.06% |
Listed by: Amber Sheehan • Bentwood Realty
Mls Name: NTREIS
Mls ID: #20918327
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.
