




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Waco at 117 N Oak St, Waco, TX, 76705 priced at $275,000 converts $1,820/mo rent into after a $1,346/mo obligation. Total monthly income equals $1,820/mo. Return on cash invested prints 18.12% in year one, and rental yield reads 7.94% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 94.51% and total cumulative return in cash sums $86,159. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,820/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1950
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 |
|---|---|---|
| 2025-07-26 | Listed for sale | $275,000 |
| 2011-06-23 | Listing removed | $65,000 |
| 2011-02-24 | Listed for sale | $65,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-26 | $3952.47 | 787.98% | $207,540 | 174.17% |
| 2023-07-26 | $445.11 | -39.30% | $75,698 | 10.00% |
| 2022-07-26 | $733.31 | -18.90% | $68,816 | 10.00% |



Listed by: Matthew McLeod • The McLeod Company
Mls Name: NTREIS
Mls ID: #21010183
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.