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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 5000 Ridgeview Dr, Waco, TX, 76710 offers a 6.81% rental yield on a $599,900 purchase with $3,403/mo rent. 81% in year one. Equity gained on principal adds $3,871/yr while 5% annual appreciation supports $165,741 over five years. Portfolio math shows five-year ROI at 76.72% and total cumulative return in cash at $151,420. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,403/mo property income against a $2,936/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.70 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 |
|---|---|---|
| 2025-06-19 | Listed for sale | $599,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-19 | $4248.96 | -9.25% | $473,920 | 9.32% |
| 2023-06-19 | $4682.11 | 5.77% | $433,532 | 10.00% |
| 2022-06-19 | $4426.76 | -4.83% | $394,120 | 10.00% |
Listed by: Camille Johnson • Camille Johnson
Mls Name: NTREIS
Mls ID: #20975164
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.
