








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 1900 S 15th St, Waco, TX, 76706 offers a 6.03% rental yield on a $326,400 purchase with $1,640/mo rent. 69% in year one. Equity gained on principal adds $2,106/yr while 5% annual appreciation supports $90,178 over five years. Portfolio math shows five-year ROI at 55.22% and total cumulative return in cash at $59,744. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,640/mo property income against a $1,598/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2006
8,250 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 |
|---|---|---|
| 2025-07-12 | Listing removed | $565,000 |
| 2025-06-27 | Price change | $565,000 |
| 2025-05-17 | Listed for sale | $575,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-31 | N/A | N/A | $326,400 | 2.00% |
| 2024-10-31 | $7218.31 | 0.62% | $320,000 | N/A |
| 2023-10-31 | $7174.09 | -10.94% | $320,000 | N/A |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A