








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 208 Dearborn St, Waco, TX, 76704 at $215,000 posts ROI 22.79% with $171/mo cash flow from $1,700/mo rent. Total monthly income equals $1,700/mo, and annual cash flow records $2,057/yr on $71,273 to close. Return on cash invested measures 22.79% and rental yield reads 9.49% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 119.56% and total cumulative return in cash totals $85,213.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,700/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
10,280 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76704, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,627 (100%) |
| Owner Occupied HU | 1,188 (32.8%) |
| Renter Occupied HU | 1,983 (54.7%) |
| Vacant Housing Units | 456 (12.6%) |
| Median Home Value | $137,931 |
| Average Home Value | $259,444 |
Residential
3,287
Single Family
2,600
Multi-Family
687
Businesses
193
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $215,000 |
| 2022-02-08 | Listing removed | N/A |
| 2022-01-24 | Pending sale | $109,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-14 | $1161.04 | 16.09% | $109,098 | 10.00% |
| 2023-03-14 | $1000.13 | -63.79% | $99,180 | -9.60% |
| 2022-03-14 | $2761.73 | 20.93% | $109,710 | 24.26% |



Listed by: Kelly Mason • Post Oak Realty
Mls Name: NTREIS
Mls ID: #20870640
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.