








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 1606 Hannah Hill Rd, Waco, TX, 76712 listed at $1,200,000 pairs $8,360/mo rent with a $5,873/mo payment. Total monthly income runs $8,360/mo. Return on cash invested measures 19.84% in year one, and rental yield registers 8.36% at a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and annual property appreciation at 5% supports $331,538 by year five. Five-year ROI tracks 103.58% and total cumulative return in cash totals $402,731. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,360/mo property income relative to a $5,873/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
22.07 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76712, Woodway, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,159 (100%) |
| Owner Occupied HU | 7,758 (63.8%) |
| Renter Occupied HU | 3,664 (30.1%) |
| Vacant Housing Units | 737 ( 6.1%) |
| Median Home Value | $345,561 |
| Average Home Value | $391,016 |
Residential
12,041
Single Family
10,323
Multi-Family
1,718
Businesses
1,182
Date | Event | Price |
|---|---|---|
| 2024-05-25 | Listed for sale | $1,200,000 |
| 2019-09-27 | Sold | N/A |
| 2019-08-23 | Pending sale | $599,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $6748.27 | -14.08% | $726,091 | 10.18% |
| 2022-08-31 | $7853.77 | 25.10% | $659,000 | 27.39% |
| 2021-08-31 | $6278.08 | N/A | $517,290 | 12.22% |



Listed by: Kenneth Castello • Weichert, Realtors - The Eastland Group
Mls Name: WMLS
Mls Provider:
Mls ID: #223146
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-08-31 04:28:25 PDT