721 Calumet AveWacoTX76704
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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 721 Calumet Ave, Waco, TX, 76704 earns $74/mo cash flow from $785/mo rent with a $489/mo payment. Total monthly income totals $785/mo, and annual cash flow totals $892/yr on $33,150 capital. ROI tracks 22.6% on current figures, and rental yield reads 9.42% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 118.56% and total cumulative return in cash sums $39,304. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $785/mo property income instead of your personal income.
Single Family
Built in 1959
7,013 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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