4709 Erath AveWacoTX76710
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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 4709 Erath Ave, Waco, TX, 76710 offers $2,158/mo rent that, after a $1,110/mo payment, leaves $432/mo cash flow. Total monthly income is $2,158/mo, and annual cash flow is $5,189/yr on $75,211 cash. Return on cash invested measures 26.81% in year one, and rental yield stands at 11.41% at a $226,880 entry. Equity gained on principal adds $1,464/yr while 5% annual appreciation compounds into $62,683 by year five. Five-year ROI records 141.74% and total cumulative return in cash reaches $106,607. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,158/mo property income versus a $1,110/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
10,689 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76710, Waco, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,143 (100%) |
| Owner Occupied HU | 5,432 (44.7%) |
| Renter Occupied HU | 5,927 (48.8%) |
| Vacant Housing Units | 784 ( 6.5%) |
| Median Home Value | $276,703 |
| Average Home Value | $347,593 |
Housing Distribution
Address Breakdown
Residential
11,594
Single Family
8,678
Multi-Family
2,916
Businesses
1,729
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