4048 Rimfire RdWacoTX76705
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Nearby investment properties with comparable prices
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 4048 Rimfire Rd, Waco, TX, 76705 offers a 9.25% rental yield on a $311,500 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,525/mo payment leaves $185/mo available for distribution. Annual cash flow reaches $2,214/yr on $103,262 to close, and return on cash invested stands at 22.05% in year one. Equity gained on principal adds $2,010/yr while 5% annual appreciation supports $86,062 over five years. Portfolio math shows five-year ROI at 115.57% and total cumulative return in cash at $119,338. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,525/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A 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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