








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 812 Kipling Dr, Waco, TX, 76710 offers $2,082/mo rent that, after a $1,297/mo payment, leaves $198/mo cash flow. Total monthly income is $2,082/mo, and annual cash flow is $2,371/yr on $87,848 cash. Return on cash invested measures 22.61% in year one, and rental yield stands at 9.43% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 118.53% and total cumulative return in cash reaches $104,127. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,082/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
10,323 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 |
|---|---|---|
| 2025-04-11 | Price change | $265,000 |
| 2025-01-10 | Price change | $275,000 |
| 2024-12-06 | Listed for sale | $282,450 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-11 | $1675.76 | -28.56% | $219,044 | 10.00% |
| 2023-04-11 | $2345.66 | 0.06% | $199,131 | 10.00% |
| 2022-04-11 | $2344.19 | -13.84% | $181,028 | 10.00% |



Listed by: Alicia Trotter • Keller Williams Realty, Waco
Mls Name: NTREIS
Mls ID: #20899054
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.