








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 5905 Elephant Butte Dr, Waco, TX, 76708 generates $3,115/mo in rent and, after a $2,031/mo payment, leaves $152/mo in cash flow. Total monthly income is $3,115/mo, and annual cash flow is $1,820/yr on $137,573 invested. Return on cash invested sits at 21.23% in year one, and rental yield is 9.01% on a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 111.19% and total cumulative return in cash sums $152,973. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,115/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
8,886 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76708, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,229 (100%) |
| Owner Occupied HU | 6,695 (59.6%) |
| Renter Occupied HU | 3,871 (34.5%) |
| Vacant Housing Units | 663 ( 5.9%) |
| Median Home Value | $262,406 |
| Average Home Value | $291,043 |
Residential
11,224
Single Family
10,491
Multi-Family
733
Businesses
463
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Price change | $415,000 |
| 2025-02-21 | Listed for sale | $420,000 |
| 2021-07-30 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-19 | $7039.50 | 0.96% | $411,790 | 1.17% |
| 2023-04-19 | $6972.48 | -13.22% | $407,040 | 8.07% |
| 2022-04-19 | $8034.40 | 31.03% | $376,650 | 41.13% |



Listed by: Natalie Mata • Bramlett Partners
Mls Name: NTREIS
Mls ID: #20907444
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.