








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 1000 & 1002 E Calhoun Ave, Waco, TX, 76704 offers a 11.42% rental yield on a $145,000 purchase with $1,380/mo rent. Total monthly income registers $1,380/mo, and a $710/mo payment leaves $349/mo available for distribution. Annual cash flow reaches $4,183/yr on $48,068 to close, and return on cash invested stands at 28.61% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 150.75% and total cumulative return in cash at $72,464. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,380/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.32 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Casey Turnmire • Bentwood Realty
Mls Name: NTREIS
Mls ID: #21081783