








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 721 Calumet Ave, Waco, TX, 76704 earns $244/mo cash flow from $1,026/mo rent with a $538/mo payment. Total monthly income totals $1,026/mo, and annual cash flow totals $2,930/yr on $36,465 capital. ROI tracks 27.94% on current figures, and rental yield reads 11.19% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 147.26% and total cumulative return in cash sums $53,700. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,026/mo property income instead of your personal income.
Single Family
Built in 1959
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76704, Waco, TX area.
| 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 |
Residential
3,287
Single Family
2,600
Multi-Family
687
Businesses
193
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Emonya White • Inclusive Realty Company, LLC
Mls Name: NTREIS
Mls ID: #21112613