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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 6217 Elephant Butte Dr, Waco, TX, 76708 with 5% annual appreciation on a $429,500 basis while $4,105/mo rent supports operations. Total monthly income totals $4,105/mo and a $2,102/mo payment preserves $1,037/mo for cash returns. Annual cash flow comes to $12,439/yr on $142,379 deployed, and return on cash invested reaches 28.65% in year one. Equity gained on principal adds $2,772/yr, and five-year appreciation sums $118,663 alongside rental yield of 11.47%. Five-year ROI measures 150.95% and total cumulative return in cash totals $214,922.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,105/mo property income versus a $2,102/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
0.28 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 |
|---|---|---|
| 2024-11-07 | Price change | $429,500 |
| 2024-10-31 | Price change | $436,000 |
| 2024-10-08 | Price change | $437,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $7299.54 | 12.54% | $416,470 | 10.00% |
| 2023-12-27 | $6486.39 | -41.33% | $378,609 | -12.00% |
| 2022-12-27 | $11055.01 | 35.48% | $430,240 | 37.50% |
Listed by: Terri Chase • LPT Realty LLC
Mls Name: WMLS
Mls Provider:
Mls ID: #225774
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-12-27 00:25:32 PST
