




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 2400 Reuter Ave, Waco, TX, 76708 listed at $129,000 pairs $1,007/mo rent with a $631/mo payment to leave $60/mo cash flow. Total monthly income runs $1,007/mo, and annual cash flow reaches $718/yr on $42,764 cash to close. Return on cash invested measures 21.59% in year one, and rental yield registers 9.37% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 113.37% and total cumulative return in cash totals $48,481. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,007/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
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 |
|---|---|---|
| 2025-05-21 | Listed for sale | $129,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-21 | $2504.04 | 8.98% | $123,519 | 8.43% |
| 2023-05-21 | $2297.77 | -4.21% | $113,911 | 7.19% |
| 2022-05-21 | $2398.84 | 62.42% | $106,270 | 58.61% |



Listed by: Tamaria Johns • Tamaria Johnson Realtors
Mls Name: NTREIS
Mls ID: #20943217
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