RentYield Atlas

ZIP 76704 — Waco, TX: rental yield & market data

Gross rental yield of 14.41% — ranked #9 of 741 Texas ZIP codes. June 2026 data.

Gross rental yield
14.41%
Home value
$119,418
Market rent / mo
$1,434
Price-to-rent
6.9

Trend

Metric1-year change5-year change
Home value-4.3% -2.4%
Market rent

Metro: Waco, TX · County: McLennan County · Annual rent: $17,208

Comparable ZIP codes in Texas

Similar home values, sorted by yield — the cheapest way to see if 76704 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
78207San AntonioTX$112,344$1,28213.70%7.3+0.8%
79412LubbockTX$122,525$1,10710.84%9.2-2.0%
79107AmarilloTX$115,653$1,03410.73%9.3+5.3%
75670MarshallTX$112,478$8959.55%10.5-2.7%
79072PlainviewTX$119,378$9479.52%10.5-2.0%
76309Wichita FallsTX$129,170$1,0219.48%10.5-5.5%
79007BorgerTX$114,241$9009.45%10.6+2.4%
76541KilleenTX$123,827$9018.73%11.4-1.6%

Top rental yields in all of Texas →

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