




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 702 N 15th St, Waco, TX, 76707 generates $3,116/mo in rent and, after a $1,723/mo payment, leaves $613/mo in cash flow. Total monthly income is $3,116/mo, and annual cash flow is $7,350/yr on $116,721 invested. Return on cash invested sits at 26.21% in year one, and rental yield is 10.62% on a $352,100 entry. Equity gained on principal adds $2,272/yr, while 5% annual appreciation builds toward $97,279 over five years. Five-year ROI reaches 137.84% and total cumulative return in cash sums $160,885. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,116/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.28 Acres 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 |
|---|---|---|
| 2025-04-18 | Price change | $330,000 |
| 2025-03-21 | Price change | $340,000 |
| 2025-01-16 | Price change | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $4608.06 | 13.93% | $282,566 | 10.00% |
| 2023-10-09 | $4044.81 | -14.93% | $256,878 | 10.00% |
| 2022-10-09 | $4754.57 | 3.71% | $233,525 | 10.00% |



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Mls ID: #N/A