4000 Paradise Island RdWacoTX76705
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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 4000 Paradise Island Rd, Waco, TX, 76705 earns $860/mo cash flow from $2,016/mo rent with a $785/mo payment. Total monthly income totals $2,016/mo, and annual cash flow totals $10,323/yr on $53,173 capital. ROI tracks 39.32% on current figures, and rental yield reads 15.08% at a $160,400 purchase. Equity gained on principal adds $1,035/yr, and 5% annual appreciation supports $44,316 over five years. Five-year ROI reaches 208.36% and total cumulative return in cash sums $110,791. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,016/mo property income instead of your personal income.
Single Family
Built in 1990
9,073 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76705, Waco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,456 (100%) |
| Owner Occupied HU | 7,317 (54.4%) |
| Renter Occupied HU | 4,479 (33.3%) |
| Vacant Housing Units | 1,660 (12.3%) |
| Median Home Value | $216,331 |
| Average Home Value | $267,191 |
Housing Distribution
Address Breakdown
Residential
11,962
Single Family
10,974
Multi-Family
988
Businesses
632
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