








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 279 Shady Ln, Waco, TX, 76705 priced at $225,000 pairs $1,474/mo rent with after a $1,101/mo payment. Total monthly income equals $1,474/mo. Return on cash invested is 17.89% in year one, and rental yield stands at 7.86% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 93.24% and total cumulative return in cash reaches $69,549. For financing, Ziffy Mortgage’s DSCR program evaluates $1,474/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1991
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76705, Waco, TX area.
| 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 |
Residential
11,962
Single Family
10,974
Multi-Family
988
Businesses
632
Date | Event | Price |
|---|---|---|
| 2025-04-29 | Listed for sale | $225,000 |
| 2019-04-17 | Listing removed | $950 |
| 2019-02-11 | Listed for rent | $950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | $962.72 | -2.79% | $70,170 | 1.93% |
| 2023-04-29 | $990.35 | 29.73% | $68,840 | 44.53% |
| 2022-04-29 | $763.39 | 8.67% | $47,630 | 21.38% |



Listed by: Christopher Taylor • Haus Realty Group, LLC
Mls Name: NTREIS
Mls ID: #20907329
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.