








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 2217 Washington Ave, Waco, TX, 76701 listed at $599,900 pairs $2,275/mo rent with a $2,936/mo payment. Total monthly income runs $2,275/mo. Return on cash invested measures 7.96% in year one, and rental yield registers 4.55% at a $599,900 basis. Equity gained on principal adds $3,871/yr, and annual property appreciation at 5% supports $165,741 by year five. Five-year ROI tracks 39.95% and total cumulative return in cash totals $78,844. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,275/mo property income relative to a $2,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
8,232 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76701, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,163 (100%) |
| Owner Occupied HU | 148 (12.7%) |
| Renter Occupied HU | 786 (67.6%) |
| Vacant Housing Units | 229 (19.7%) |
| Median Home Value | $228,571 |
| Average Home Value | $290,069 |
Residential
924
Single Family
534
Multi-Family
390
Businesses
719
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: Jacob Sloan • EG Realty
Mls Name: NTREIS
Mls ID: #21086671