701 Dunbar AveWacoTX76704
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 701 Dunbar Ave, Waco, TX, 76704 at $168,900 posts ROI 54.74% with $1,625/mo cash flow from $2,845/mo rent. Total monthly income equals $2,845/mo, and annual cash flow records $19,502/yr on $55,990 to close. Return on cash invested measures 54.74% and rental yield reads 20.21% at the current $168,900. Equity gained on principal adds $1,090/yr, and 5% annual appreciation supports $46,664 by year five. Five-year ROI prints 291.07% and total cumulative return in cash totals $162,972.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,845/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76704, Waco, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,287
Single Family
2,600
Multi-Family
687
Businesses
193
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Nearby investment properties with comparable prices
Listed by: Lem Brown • eXp Realty, LLC Waco
Mls Name: WMLS
Mls Provider:
Mls ID: #225125
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-08-31 05:58:23 PDT