821 Columbia StWacoTX76711
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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
Rental property for sale in Waco at 821 Columbia St, Waco, TX, 76711 priced at $245,000 pairs $1,764/mo rent with $22/mo cash flow after a $1,199/mo payment. Total monthly income equals $1,764/mo, and annual cash flow comes to $263/yr on $81,218 invested. Return on cash invested is 20.23% in year one, and rental yield stands at 8.64% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 105.79% and total cumulative return in cash reaches $85,920. For financing, Ziffy Mortgage’s DSCR program evaluates $1,764/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76711, Waco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,372 (100%) |
| Owner Occupied HU | 1,918 (43.9%) |
| Renter Occupied HU | 1,837 (42.0%) |
| Vacant Housing Units | 617 (14.1%) |
| Median Home Value | $116,667 |
| Average Home Value | $151,031 |
Housing Distribution
Address Breakdown
Residential
3,858
Single Family
2,857
Multi-Family
1,001
Businesses
285
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Listed by: Jackie Fatten • Kelly, Realtors
Mls Name: NTREIS
Mls ID: #20950491
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.