





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 1121 Ashleman St, Waco, TX, 76705 uses $37,128 cash to close to unlock $1,113/yr annual cash flow and $93/mo monthly cash flow. Total monthly income runs $889/mo, and a $548/mo payment keeps the spread at $93/mo. Purchase price stands at $112,000, and rental yield measures 9.53% with $889/mo rent. Return on cash invested shows 22.91% in year one, and 5% annual appreciation builds toward $30,944 over five years. Five-year ROI reaches 120.15% and total cumulative return in cash records $44,607. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $889/mo property income covering a $548/mo payment rather than investor’s personal income.
Single Family
Built in 1940
6,838 sqft 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 |
|---|---|---|
| 2025-08-16 | Listed for sale | $112,000 |
| 2023-06-16 | Sold | N/A |
| 2023-05-22 | Pending sale | $119,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-17 | $1517.72 | 9.55% | $74,030 | -4.40% |
| 2023-08-17 | $1385.39 | -16.43% | $77,440 | -5.32% |
| 2022-08-17 | $1657.68 | 4.55% | $81,790 | 14.07% |



Listed by: Mayra Perez • EG Realty
Mls Name: NTREIS
Mls ID: #21034474
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.