








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 4100 Morrow Ave, Waco, TX, 76710 offers a 10.48% rental yield on a $249,900 purchase with $2,182/mo rent. Total monthly income registers $2,182/mo, and a $1,223/mo payment leaves $333/mo available for distribution. Annual cash flow reaches $3,993/yr on $82,842 to close, and return on cash invested stands at 24.73% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 130.27% and total cumulative return in cash at $107,918. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,182/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76710, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,143 (100%) |
| Owner Occupied HU | 5,432 (44.7%) |
| Renter Occupied HU | 5,927 (48.8%) |
| Vacant Housing Units | 784 ( 6.5%) |
| Median Home Value | $276,703 |
| Average Home Value | $347,593 |
Residential
11,594
Single Family
8,678
Multi-Family
2,916
Businesses
1,729
Date | Event | Price |
|---|---|---|
| 2025-09-03 | Listed for sale | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-03 | $5015.36 | 8.34% | $222,340 | 7.68% |
| 2023-09-03 | $4629.30 | 3.23% | $206,490 | 15.91% |
| 2022-09-03 | $4484.32 | 11.49% | $178,140 | 14.56% |



Listed by: Valerie Warschak • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21049224
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.