








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Waco at 526 N 16th St, Waco, TX, 76707 generates $1,149/mo in rent and, after a $710/mo payment, leaves $27/mo in cash flow. Total monthly income is $1,149/mo, and annual cash flow is $328/yr on $48,068 invested. Return on cash invested sits at 20.59% in year one, and rental yield is 9.51% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 108.61% and total cumulative return in cash sums $52,208. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,149/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76707, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,387 (100%) |
| Owner Occupied HU | 2,930 (45.9%) |
| Renter Occupied HU | 2,786 (43.6%) |
| Vacant Housing Units | 671 (10.5%) |
| Median Home Value | $125,157 |
| Average Home Value | $169,327 |
Residential
5,753
Single Family
5,340
Multi-Family
413
Businesses
229
Date | Event | Price |
|---|---|---|
| 2025-06-20 | Listed for sale | $145,000 |
| 2022-03-09 | Listing removed | N/A |
| 2022-03-06 | Listed for rent | $1,350 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-20 | $3490.26 | 3.13% | $154,730 | 2.50% |
| 2023-06-20 | $3384.37 | 0.61% | $150,960 | 12.97% |
| 2022-06-20 | $3363.86 | 21.15% | $133,630 | 24.49% |



Listed by: Brittany Ozuna • ERA Courtyard Real Estate
Mls Name: NTREIS
Mls ID: #20966986
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.