



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 1366 S 12th St #24, Waco, TX, 76706 generates $1,283/mo in rent, after a $659/mo payment. Total monthly income is $1,283/mo. Return on cash invested sits at 19.07% in year one, and rental yield is 11.44% on a $134,570 entry. Equity gained on principal adds $868/yr, while 5% annual appreciation builds toward $37,179 over five years. Five-year ROI reaches 103.02% and total cumulative return in cash sums $45,958. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,283/mo property income rather than buyer’s personal income.
Condo
Built in 1983
1,232 sqft lot
$N/A/sqft
$290 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 |
|---|---|---|
| 2024-08-07 | Price change | $159,500 |
| 2024-07-04 | Listed for sale | $164,000 |
| 2023-12-27 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $3035.52 | 241.92% | $134,570 | 40.48% |
| 2023-10-09 | $887.78 | -38.58% | $95,796 | 10.00% |
| 2022-10-09 | $1445.54 | -8.80% | $87,087 | 10.00% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A