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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 6501 Rock Creek Rd, Waco, TX, 76708 listed at $249,000 pairs $1,895/mo rent with a $1,219/mo payment to leave $124/mo cash flow. Total monthly income runs $1,895/mo, and annual cash flow reaches $1,489/yr on $82,544 cash to close. Return on cash invested measures 21.71% in year one, and rental yield registers 9.13% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 113.78% and total cumulative return in cash totals $93,920. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,895/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
0.38 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 |
|---|---|---|
| 2025-04-17 | Listed for sale | $249,000 |
| 2008-07-27 | Listing removed | $79,900 |
| 2008-06-02 | Listed for sale | $79,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $2593.57 | 17.38% | $175,574 | 10.00% |
| 2023-04-17 | $2209.61 | -14.90% | $159,613 | 10.00% |
| 2022-04-17 | $2596.53 | -6.13% | $145,103 | 10.00% |
Listed by: Amber Sheehan • Bentwood Realty
Mls Name: NTREIS
Mls ID: #20899906
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.
