1710 Columbus AveWacoTX76701
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Waco at 1710 Columbus Ave, Waco, TX, 76701 uses $44,089 cash to close to unlock $9,590/yr annual cash flow and $799/mo monthly cash flow. Total monthly income runs $1,745/mo, and a $651/mo payment keeps the spread at $799/mo. Purchase price stands at $132,999, and rental yield measures 15.74% with $1,745/mo rent. Return on cash invested shows 41.66% in year one, and 5% annual appreciation builds toward $36,745 over five years. Five-year ROI reaches 220.78% and total cumulative return in cash records $97,340. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,745/mo property income covering a $651/mo payment rather than investor’s personal income.
Single Family
Built in 1906
8,232 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76701, Waco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,163 (100%) |
| Owner Occupied HU | 148 (12.7%) |
| Renter Occupied HU | 786 (67.6%) |
| Vacant Housing Units | 229 (19.7%) |
| Median Home Value | $228,571 |
| Average Home Value | $290,069 |
Housing Distribution
Address Breakdown
Residential
924
Single Family
534
Multi-Family
390
Businesses
719
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