








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 802 N 62nd St, Waco, TX, 76710 generates $2,118/mo in rent and, after a $808/mo payment, leaves $832/mo in cash flow. Total monthly income is $2,118/mo, and annual cash flow is $9,987/yr on $54,698 invested. Return on cash invested sits at 38.17% in year one, and rental yield is 15.4% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 202.91% and total cumulative return in cash sums $110,987. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,118/mo property income rather than buyer’s personal income.
Townhouse
Built in 1973
2,530 sqft lot
$N/A/sqft
$112 monthly HOA
Neighborhood data shown for ZIP Code: 76710, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,143 (100%) |
| Owner Occupied HU | 5,432 (44.7%) |
| Renter Occupied HU | 5,927 (48.8%) |
| Vacant Housing Units | 784 ( 6.5%) |
| Median Home Value | $276,703 |
| Average Home Value | $347,593 |
Residential
11,594
Single Family
8,678
Multi-Family
2,916
Businesses
1,729
Date | Event | Price |
|---|---|---|
| 2024-08-30 | Price change | $165,000 |
| 2024-07-26 | Listed for sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $1726.26 | -13.20% | $77,000 | -2.53% |
| 2022-08-31 | $1988.67 | 28.13% | $79,000 | 31.67% |
| 2021-08-31 | $1552.02 | N/A | $60,000 | N/A |



Listed by: Matthew McLeod • The McLeod Company
Mls Name: WMLS
Mls Provider:
Mls ID: #224530
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: 2024-08-31 03:58:26 PDT