








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 1108 Spring St, Waco, TX, 76704 uses $87,848 cash to close to unlock $7,651/yr annual cash flow and $638/mo monthly cash flow. Total monthly income runs $2,522/mo, and a $1,297/mo payment keeps the spread at $638/mo. Purchase price stands at $265,000, and rental yield measures 11.42% with $2,522/mo rent. Return on cash invested shows 28.62% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 150.77% and total cumulative return in cash records $132,447. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,522/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 2008
8,276 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Mercedes Lane • Agents Of Texas, LLC
Mls Name: NTREIS
Mls ID: #21009433