








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


Investment property for sale in Waco at 4924 Cobbs Dr APT 2A, Waco, TX, 76710 offers a 9.96% rental yield on a $175,000 purchase with $1,453/mo rent. 3% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 32.57% and total cumulative return in cash at $18,895. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,453/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1966
1,742 sqft lot
$N/A/sqft
$844 monthly HOA
Neighborhood data shown for ZIP Code: 76710, Waco, TX area.
| 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 |
Residential
11,594
Single Family
8,678
Multi-Family
2,916
Businesses
1,729
Date | Event | Price |
|---|---|---|
| 2025-02-07 | Listed for sale | $175,000 |
| 2016-03-02 | Listing removed | $69,500 |
| 2015-10-08 | Listed for sale | $69,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $3749.01 | 8.92% | $166,200 | 8.25% |
| 2023-02-13 | $3441.99 | -3.03% | $153,530 | 8.88% |
| 2022-02-13 | $3549.65 | 10.25% | $141,010 | 13.29% |



Listed by: Lisa Hooper • AG Real Estate & Associates
Mls Name: WMLS
Mls Provider:
Mls ID: #228077
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-13 06:23:23 PST