2600 Colcord AveWacoTX76707
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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 2600 Colcord Ave, Waco, TX, 76707 uses $74,588 cash to close to unlock $6,795/yr annual cash flow and $566/mo monthly cash flow. Total monthly income runs $2,166/mo, and a $1,101/mo payment keeps the spread at $566/mo. Purchase price stands at $225,000, and rental yield measures 11.55% with $2,166/mo rent. Return on cash invested shows 29.02% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 152.95% and total cumulative return in cash records $114,081. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,166/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1925
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76707, Waco, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,753
Single Family
5,340
Multi-Family
413
Businesses
229
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Listed by: Camie Cross • Logan Capital Real Estate, PLLC
Mls Name: NTREIS
Mls ID: #20943472
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.