








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 1701 S 12th St, Waco, TX, 76706 listed at $225,000 pairs $1,660/mo rent with a $1,101/mo payment to leave $60/mo cash flow. Total monthly income runs $1,660/mo, and annual cash flow reaches $723/yr on $74,588 cash to close. Return on cash invested measures 20.88% in year one, and rental yield registers 8.85% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 109.28% and total cumulative return in cash totals $81,513. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,660/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
2,003 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Matthew McLeod • The McLeod Company
Mls Name: NTREIS
Mls ID: #21107637