








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 1405 Sheppard St, Waco, TX, 76711 uses $62,985 cash to close to unlock $3,970/yr annual cash flow and $331/mo monthly cash flow. Total monthly income runs $1,682/mo, and a $930/mo payment keeps the spread at $331/mo. Purchase price stands at $190,000, and rental yield measures 10.62% with $1,682/mo rent. Return on cash invested shows 26.21% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 137.86% and total cumulative return in cash records $86,832. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,682/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1951
8,363 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76711, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,372 (100%) |
| Owner Occupied HU | 1,918 (43.9%) |
| Renter Occupied HU | 1,837 (42.0%) |
| Vacant Housing Units | 617 (14.1%) |
| Median Home Value | $116,667 |
| Average Home Value | $151,031 |
Residential
3,858
Single Family
2,857
Multi-Family
1,001
Businesses
285
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Gabriela Cortes • Greater Waco Realty, LLC
Mls Name: NTREIS
Mls ID: #20998384