








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 921 Faulkner Ln, Waco, TX, 76704 earns $33/mo cash flow from $1,669/mo rent with a $1,126/mo payment. Total monthly income totals $1,669/mo, and annual cash flow totals $398/yr on $76,245 capital. ROI tracks 20.43% on current figures, and rental yield reads 8.71% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 106.89% and total cumulative return in cash sums $81,499. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,669/mo property income instead of your personal income.
Single Family
Built in 1957
8,015 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76704, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,627 (100%) |
| Owner Occupied HU | 1,188 (32.8%) |
| Renter Occupied HU | 1,983 (54.7%) |
| Vacant Housing Units | 456 (12.6%) |
| Median Home Value | $137,931 |
| Average Home Value | $259,444 |
Residential
3,287
Single Family
2,600
Multi-Family
687
Businesses
193
Date | Event | Price |
|---|---|---|
| 2025-04-22 | Listed for sale | $230,000 |
| 2025-04-21 | Listing removed | N/A |
| 2025-04-14 | Listed for sale | $240,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-22 | $481.30 | N/A | $106,471 | 10.00% |
| 2023-04-22 | N/A | N/A | $96,792 | 10.00% |
| 2022-04-22 | $814.35 | -48.63% | $87,993 | 10.00% |



Listed by: Cameron Gomez • Agents Of Texas, LLC
Mls Name: NTREIS
Mls ID: #20908367
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.