








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 1709 Nelva St, Waco, TX, 76711 offers a 8.04% rental yield on a $249,900 purchase with $1,674/mo rent. 42% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 96.11% and total cumulative return in cash at $79,622. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,674/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
8,581 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: Kat Townson • Kelly, Realtors
Mls Name: NTREIS
Mls ID: #21090661