Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 608 Cherokee St, Waco, TX, 76705 priced at $140,000 pairs $1,290/mo rent with $295/mo cash flow after a $685/mo payment. Total monthly income equals $1,290/mo, and annual cash flow comes to $3,536/yr on $46,410 invested. Return on cash invested is 27.53% in year one, and rental yield stands at 11.06% on a $140,000 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,679 by year five. Five-year ROI measures 144.92% and total cumulative return in cash reaches $67,258. For financing, Ziffy Mortgage’s DSCR program evaluates $1,290/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76705, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,456 (100%) |
| Owner Occupied HU | 7,317 (54.4%) |
| Renter Occupied HU | 4,479 (33.3%) |
| Vacant Housing Units | 1,660 (12.3%) |
| Median Home Value | $216,331 |
| Average Home Value | $267,191 |
Residential
11,962
Single Family
10,974
Multi-Family
988
Businesses
632
Date | Event | Price |
|---|---|---|
| 2025-09-03 | Listed for sale | $140,000 |
| 2021-10-15 | Listing removed | N/A |
| 2021-07-17 | Listed for sale | $140,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-03 | $272.27 | N/A | $66,550 | 10.00% |
| 2023-09-03 | N/A | N/A | $60,500 | 10.00% |
| 2022-09-03 | $243.96 | -40.76% | $55,000 | 10.00% |
Listed by: Reyna Reyes • Arise Capital Real Estate
Mls Name: NTREIS
Mls ID: #21049627
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.
