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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% |
Investment property for sale in Waco at 1815 Proctor Ave, Waco, TX, 76708 listed at $180,000 pairs $1,388/mo rent with a $881/mo payment to leave $108/mo cash flow. Total monthly income runs $1,388/mo, and annual cash flow reaches $1,296/yr on $59,670 cash to close. Return on cash invested measures 22.08% in year one, and rental yield registers 9.25% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 115.7% and total cumulative return in cash totals $69,041. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,388/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1916
8,232 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76708, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,229 (100%) |
| Owner Occupied HU | 6,695 (59.6%) |
| Renter Occupied HU | 3,871 (34.5%) |
| Vacant Housing Units | 663 ( 5.9%) |
| Median Home Value | $262,406 |
| Average Home Value | $291,043 |
Residential
11,224
Single Family
10,491
Multi-Family
733
Businesses
463
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $180,000 |
| 2021-01-29 | Sold | N/A |
| 2020-07-21 | Pending sale | $130,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | $2431.24 | 9.77% | $169,590 | 6.51% |
| 2023-05-30 | $2214.90 | -41.35% | $159,230 | 6.14% |
| 2022-05-30 | $3776.45 | 14.93% | $150,020 | 18.10% |
Listed by: Kristan Jobe • Timber Creek Realty, LLC
Mls Name: NTREIS
Mls ID: #20951967
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
