








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 355 Cavitt Ct, Waco, TX, 76706 at $515,000 posts ROI 18.9% with from $3,499/mo rent. Total monthly income equals $3,499/mo. Return on cash invested measures 18.9% and rental yield reads 8.15% at the current $515,000. Equity gained on principal adds $3,323/yr, and 5% annual appreciation supports $142,285 by year five. Five-year ROI prints 98.63% and total cumulative return in cash totals $167,113. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,499/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
0.29 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 |
|---|---|---|
| 2025-06-30 | Listed for sale | $515,000 |
| 2024-07-26 | Sold | N/A |
| 2024-06-27 | Contingent | $479,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-30 | $6460.38 | -6.89% | $488,230 | 5.11% |
| 2023-06-30 | $6938.34 | -11.59% | $464,480 | 7.79% |
| 2022-06-30 | $7847.50 | 2.17% | $430,910 | 10.96% |



Listed by: Candace Perkins • Greater Waco Realty, LLC
Mls Name: NTREIS
Mls ID: #20985175
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.