








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 3733 Colcord Ave, Waco, TX, 76707 uses $49,360 cash to close to unlock $2,891/yr annual cash flow and $241/mo monthly cash flow. Total monthly income runs $1,300/mo, and a $729/mo payment keeps the spread at $241/mo. Purchase price stands at $148,900, and rental yield measures 10.48% with $1,300/mo rent. Return on cash invested shows 25.77% in year one, and 5% annual appreciation builds toward $41,138 over five years. Five-year ROI reaches 135.48% and total cumulative return in cash records $66,873. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,300/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1950
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76707, Waco, TX area.
| 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 |
Residential
5,753
Single Family
5,340
Multi-Family
413
Businesses
229
Date | Event | Price |
|---|---|---|
| 2025-04-11 | Listed for sale | $148,900 |
| 2019-02-13 | Listing removed | $45,000 |
| 2019-02-01 | Pending sale | $45,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-12 | $2376.17 | 6.54% | $105,340 | 5.89% |
| 2023-04-12 | $2230.24 | -4.03% | $99,480 | 7.76% |
| 2022-04-12 | $2323.96 | 42.02% | $92,320 | 45.94% |



Listed by: Mayra Perez • EG Realty
Mls Name: NTREIS
Mls ID: #20898243
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.