








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 1005 Hooks St, Waco, TX, 76705 offers a 9.77% rental yield on a $275,000 purchase with $2,240/mo rent. Total monthly income registers $2,240/mo, and a $1,346/mo payment leaves $284/mo available for distribution. Annual cash flow reaches $3,413/yr on $91,163 to close, and return on cash invested stands at 23.65% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 124.16% and total cumulative return in cash at $113,183. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,240/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76705, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,456 (100%) |
| Owner Occupied HU | 7,317 (54.4%) |
| Renter Occupied HU | 4,479 (33.3%) |
| Vacant Housing Units | 1,660 (12.3%) |
| Median Home Value | $216,331 |
| Average Home Value | $267,191 |
Residential
11,962
Single Family
10,974
Multi-Family
988
Businesses
632
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Bubba Schmidt • Classic Realty
Mls Name: NTREIS
Mls ID: #20996535