








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 1012 Burnett Ave, Waco, TX, 76706 offers a 8.04% rental yield on a $419,900 purchase with $2,815/mo rent. 44% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,011 over five years. Portfolio math shows five-year ROI at 96.17% and total cumulative return in cash at $133,872. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,815/mo property income against a $2,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
3,358 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76706, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,478 (100%) |
| Owner Occupied HU | 6,004 (34.4%) |
| Renter Occupied HU | 9,655 (55.2%) |
| Vacant Housing Units | 1,819 (10.4%) |
| Median Home Value | $272,760 |
| Average Home Value | $299,834 |
Residential
15,206
Single Family
13,277
Multi-Family
1,929
Businesses
788
Date | Event | Price |
|---|---|---|
| 2024-04-30 | Price change | $419,900 |
| 2024-03-27 | Price change | $449,900 |
| 2024-03-18 | Price change | $449,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $2802.38 | -10.94% | $125,000 | N/A |
| 2022-08-31 | $3146.62 | 262.47% | $125,000 | 272.47% |
| 2021-08-31 | $868.10 | N/A | $33,560 | 0.99% |



Listed by: Haley Holden • Texas Luxury and Land
Mls Name: WMLS
Mls Provider:
Mls ID: #220238
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 03:28:23 PDT