




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 5601 Bishop Dr, Waco, TX, 76710 uses $62,952 cash to close to unlock $1,117/yr annual cash flow and $93/mo monthly cash flow. Total monthly income runs $1,443/mo, and a $929/mo payment keeps the spread at $93/mo. Purchase price stands at $189,900, and rental yield measures 9.12% with $1,443/mo rent. Return on cash invested shows 21.68% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 113.66% and total cumulative return in cash records $71,549. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,443/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1952
0.33 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kristi Baker • Bentwood Realty
Mls Name: NTREIS
Mls ID: #21061701