








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 1130 Lewis St, Waco, TX, 76705 uses $39,780 cash to close to unlock $1,116/yr annual cash flow and $93/mo monthly cash flow. Total monthly income runs $946/mo, and a $587/mo payment keeps the spread at $93/mo. Purchase price stands at $120,000, and rental yield measures 9.46% with $946/mo rent. Return on cash invested shows 22.71% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 119.08% and total cumulative return in cash records $47,371. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $946/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1945
9,591 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 |
|---|---|---|
| 2025-09-18 | Listed for sale | $120,000 |
| 2025-09-14 | Contingent | $120,000 |
| 2025-08-28 | Price change | $120,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-16 | N/A | N/A | $107,620 | 12.43% |
| 2024-10-16 | $1962.41 | 9.54% | $95,720 | -4.41% |
| 2023-10-16 | $1791.50 | -16.56% | $100,140 | -5.47% |



Listed by: Camie Cross • Logan Capital Real Estate, PLLC
Mls Name: NTREIS
Mls ID: #21031123
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.