








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 10285 Peony Ln, Waco, TX, 76708 offers a 8.67% rental yield on a $285,000 purchase with $2,059/mo rent. Total monthly income registers $2,059/mo, and a $1,395/mo payment leaves $32/mo available for distribution. Annual cash flow reaches $387/yr on $94,478 to close, and return on cash invested stands at 20.32% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 106.29% and total cumulative return in cash at $100,422. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,059/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.28 Acres 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 |
|---|---|---|
| 2025-05-17 | Listed for sale | $285,000 |
| 2017-10-26 | Listing removed | $155,000 |
| 2017-10-03 | Pending sale | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-18 | $3765.94 | 12.00% | $240,459 | 10.00% |
| 2023-05-18 | $3362.32 | -16.65% | $218,599 | 10.00% |
| 2022-05-18 | $4033.93 | -0.36% | $198,726 | 10.00% |



Listed by: Amber Brown • White Label Realty
Mls Name: NTREIS
Mls ID: #20939644
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.