








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Waco at 4005 Cobbs Dr, Waco, TX, 76708 priced at $219,000 pairs $2,018/mo rent with $341/mo cash flow after a $1,072/mo payment. Total monthly income equals $2,018/mo, and annual cash flow comes to $4,092/yr on $72,599 invested. Return on cash invested is 25.55% in year one, and rental yield stands at 11.06% on a $219,000 basis. Equity gained on principal adds $1,413/yr, and 5% annual appreciation accumulates to $60,506 by year five. Five-year ROI measures 135.07% and total cumulative return in cash reaches $98,061. For financing, Ziffy Mortgage’s DSCR program evaluates $2,018/mo property income against a $1,072/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
8,977 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76708, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,229 (100%) |
| Owner Occupied HU | 6,695 (59.6%) |
| Renter Occupied HU | 3,871 (34.5%) |
| Vacant Housing Units | 663 ( 5.9%) |
| Median Home Value | $262,406 |
| Average Home Value | $291,043 |
Residential
11,224
Single Family
10,491
Multi-Family
733
Businesses
463
Date | Event | Price |
|---|---|---|
| 2025-08-05 | Price change | $219,000 |
| 2025-03-19 | Price change | $209,900 |
| 2025-02-07 | Listed for sale | $214,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-05 | $5069.28 | 50.28% | $224,730 | 3.93% |
| 2023-08-05 | $3373.20 | -31.83% | $216,238 | 10.00% |
| 2022-08-05 | $4948.51 | 56.83% | $196,580 | 61.16% |



Listed by: Amber Sheehan • Bentwood Realty
Mls Name: NTREIS
Mls ID: #227194
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.