








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 1310 Park Ave, Waco, TX, 76706 offers a 9.35% rental yield on a $148,000 purchase with $1,153/mo rent. 32% in year one. Equity gained on principal adds $955/yr while 5% annual appreciation supports $40,890 over five years. Portfolio math shows five-year ROI at 82.04% and total cumulative return in cash at $40,250. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,153/mo property income against a $724/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
1,829 sqft lot
$N/A/sqft
$250 monthly 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 |
|---|---|---|
| 2025-09-03 | Listed for sale | $148,000 |
| 2019-09-10 | Listing removed | $825 |
| 2019-09-07 | Price change | $825 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-04 | $2919.60 | -4.41% | $129,431 | -5.00% |
| 2023-09-04 | $3054.43 | -4.22% | $136,243 | 7.55% |
| 2022-09-04 | $3188.92 | 25.45% | $126,680 | 28.91% |



Listed by: Heather Vander Woude • The Vander Woude Group
Mls Name: NTREIS
Mls ID: #21043764
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.