








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 820 E Mitchell St, Waco, TX, 76704 at $139,900 posts ROI 23.22% with $128/mo cash flow from $1,123/mo rent. Total monthly income equals $1,123/mo, and annual cash flow records $1,535/yr on $46,377 to close. Return on cash invested measures 23.22% and rental yield reads 9.63% at the current $139,900. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 by year five. Five-year ROI prints 121.8% and total cumulative return in cash totals $56,487.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,123/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
5,793 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76704, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,627 (100%) |
| Owner Occupied HU | 1,188 (32.8%) |
| Renter Occupied HU | 1,983 (54.7%) |
| Vacant Housing Units | 456 (12.6%) |
| Median Home Value | $137,931 |
| Average Home Value | $259,444 |
Residential
3,287
Single Family
2,600
Multi-Family
687
Businesses
193
Date | Event | Price |
|---|---|---|
| 2025-06-18 | Listed for sale | $139,900 |
| 2024-05-06 | Listing removed | N/A |
| 2024-04-26 | Listed for rent | $1,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-18 | $1653.45 | 0.62% | $73,300 | N/A |
| 2023-06-18 | $1643.32 | -10.94% | $73,300 | N/A |
| 2022-06-18 | $1845.18 | 47.08% | $73,300 | 51.13% |



Listed by: Lem Brown • eXp Realty, LLC Waco
Mls Name: NTREIS
Mls ID: #20971759
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.