






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 921 Preston St, Waco, TX, 76704 priced at $165,000 pairs $1,458/mo rent with $284/mo cash flow after a $808/mo payment. Total monthly income equals $1,458/mo, and annual cash flow comes to $3,411/yr on $54,698 invested. Return on cash invested is 26.15% in year one, and rental yield stands at 10.6% on a $165,000 basis. Equity gained on principal adds $1,065/yr, and 5% annual appreciation accumulates to $45,586 by year five. Five-year ROI measures 137.58% and total cumulative return in cash reaches $75,251. For financing, Ziffy Mortgage’s DSCR program evaluates $1,458/mo property income against a $808/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1913
5,000 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 |
|---|---|---|
| 2025-01-21 | Price change | $165,000 |
| 2022-06-03 | Pending sale | $82,500 |
| 2022-05-13 | Price change | $82,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $969.09 | -52.20% | $99,473 | 10.00% |
| 2023-02-13 | $2027.35 | 27.84% | $90,430 | 43.54% |
| 2022-02-13 | $1585.90 | -4.31% | $63,000 | -1.67% |



Listed by: Tina Wilson • Texas Premier Realty
Mls Name: WMLS
Mls Provider:
Mls ID: #227673
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 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-13 06:23:23 PST