








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 629 S 5th St, Waco, TX, 76706 offers a 2.11% rental yield on a $750,000 purchase with $1,318/mo rent. 53% in year one. Equity gained on principal adds $4,840/yr while 5% annual appreciation supports $207,211 over five years. Portfolio math shows five-year ROI at 0.12% and total cumulative return in cash at $294. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,318/mo property income against a $3,671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2001
9,888 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76706, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,478 (100%) |
| Owner Occupied HU | 6,004 (34.4%) |
| Renter Occupied HU | 9,655 (55.2%) |
| Vacant Housing Units | 1,819 (10.4%) |
| Median Home Value | $272,760 |
| Average Home Value | $299,834 |
Residential
15,206
Single Family
13,277
Multi-Family
1,929
Businesses
788
Date | Event | Price |
|---|---|---|
| 2025-09-03 | Price change | $750,000 |
| 2024-12-09 | Price change | $779,900 |
| 2024-06-25 | Listed for sale | $799,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-03 | $11660.80 | -4.25% | $495,000 | -4.81% |
| 2023-09-03 | $12177.89 | -10.52% | $520,000 | N/A |
| 2022-09-03 | $13609.95 | 49.64% | $520,000 | 53.61% |



Listed by: Collin Coats • Bentwood Realty
Mls Name: NTREIS
Mls ID: #21043489
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.