








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 1904 S 18th St, Waco, TX, 76706 earns from $1,616/mo rent with a $5,232/mo payment. Total monthly income totals $1,616/mo. ROI tracks -1.33% on current figures, and rental yield reads 1.81% at a $1,069,000 purchase. Equity gained on principal adds $6,898/yr, and 5% annual appreciation supports $295,345 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,616/mo property income instead of your personal income.
Multi Family
Built in 2001
0.57 Acres 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 |
|---|---|---|
| 2025-09-02 | Price change | $1,069,000 |
| 2025-06-28 | Price change | $1,085,000 |
| 2025-05-15 | Price change | $1,100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-03 | $21072.47 | 7.40% | $934,180 | 6.74% |
| 2023-09-03 | $19620.22 | -2.40% | $875,160 | 9.59% |
| 2022-09-03 | $20102.88 | 32.95% | $798,590 | 28.94% |



Listed by: Pam Whitworth • Heart of Texas Realty
Mls Name: NTREIS
Mls ID: #21023333
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.