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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1609 N 18th St, Waco, TX, 76707 generates $1,348/mo in rent, after a $985/mo payment. Total monthly income is $1,348/mo. Return on cash invested sits at 18.37% in year one, and rental yield is 8.04% on a $201,300 entry. Equity gained on principal adds $1,299/yr, while 5% annual appreciation builds toward $55,615 over five years. Five-year ROI reaches 95.86% and total cumulative return in cash sums $63,968. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,348/mo property income rather than buyer’s personal income.
Single Family
Built in 1944
7,148 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76707, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,387 (100%) |
| Owner Occupied HU | 2,930 (45.9%) |
| Renter Occupied HU | 2,786 (43.6%) |
| Vacant Housing Units | 671 (10.5%) |
| Median Home Value | $125,157 |
| Average Home Value | $169,327 |
Residential
5,753
Single Family
5,340
Multi-Family
413
Businesses
229
Date | Event | Price |
|---|---|---|
| 2025-05-16 | Listed for sale | $139,900 |
| 2025-04-03 | Pending sale | $139,900 |
| 2025-03-22 | Price change | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $3372.76 | 5.53% | $149,520 | 4.88% |
| 2023-10-09 | $3196.05 | 1.72% | $142,560 | 14.21% |
| 2022-10-09 | $3142.09 | 62.52% | $124,820 | 67.01% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
