








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 5204 Lake Highlands Dr, Waco, TX, 76710 earns from $2,988/mo rent with a $2,398/mo payment. Total monthly income totals $2,988/mo. ROI tracks 16.24% on current figures, and rental yield reads 7.32% at a $489,900 purchase. Equity gained on principal adds $3,161/yr, and 5% annual appreciation supports $135,350 over five years. Five-year ROI reaches 84.43% and total cumulative return in cash sums $137,117. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,988/mo property income instead of your personal income.
Single Family
Built in 1963
0.31 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 |
|---|---|---|
| 2025-04-15 | Listed for sale | $489,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-15 | $5112.16 | 14.65% | $311,795 | 10.00% |
| 2023-04-15 | $4459.05 | -17.41% | $283,450 | 10.00% |
| 2022-04-15 | $5398.98 | 3.30% | $257,682 | 10.00% |



Listed by: Amanda Cunningham • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20903341
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.