








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 1708 James Ave, Waco, TX, 76706 offers a 9.06% rental yield on a $170,000 purchase with $1,284/mo rent. Total monthly income registers $1,284/mo, and a $832/mo payment leaves $75/mo available for distribution. Annual cash flow reaches $902/yr on $56,355 to close, and return on cash invested stands at 21.51% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 112.7% and total cumulative return in cash at $63,513. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,284/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
9,748 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: Carter Conradt • Greater Waco Realty, LLC
Mls Name: NTREIS
Mls ID: #20985630