




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 537 N 60th St, Waco, TX, 76710 uses $61,328 cash to close to unlock $1,799/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $1,465/mo, and a $905/mo payment keeps the spread at $150/mo. Purchase price stands at $185,000, and rental yield measures 9.5% with $1,465/mo rent. Return on cash invested shows 22.84% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 119.75% and total cumulative return in cash records $73,443. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,465/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1965
7,474 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 |
|---|---|---|
| 2025-05-16 | Listed for sale | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-16 | $1484.30 | -18.08% | $202,607 | 10.00% |
| 2023-05-16 | $1811.86 | 6.36% | $184,188 | 10.00% |
| 2022-05-16 | $1703.44 | -18.21% | $167,444 | 10.00% |



Listed by: Julia Smith • Greater Waco Realty, LLC
Mls Name: NTREIS
Mls ID: #20939290
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.