








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 5118 Lake Shore Dr, Waco, TX, 76710 uses $51,383 cash to close to unlock $4,889/yr annual cash flow and $407/mo monthly cash flow. Total monthly income runs $1,510/mo, and a $759/mo payment keeps the spread at $407/mo. Purchase price stands at $155,000, and rental yield measures 11.69% with $1,510/mo rent. Return on cash invested shows 29.42% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 155.15% and total cumulative return in cash records $79,720. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,510/mo property income covering a $759/mo payment rather than investor’s personal income.
Condo
Built in 1969
0.17 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Justin Hartzog • CENTURY 21 Judge Fite Company
Mls Name: NTREIS
Mls ID: #21058750