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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Temple at 1008 Fm 1237, Temple, TX, 76501 generates $2,482/mo in rent and, after a $1,444/mo payment, leaves $384/mo in cash flow. Total monthly income is $2,482/mo, and annual cash flow is $4,609/yr on $97,793 invested. Return on cash invested sits at 24.62% in year one, and rental yield is 10.1% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 129.37% and total cumulative return in cash sums $126,518. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,482/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76501, Temple, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,880 (100%) |
| Owner Occupied HU | 4,286 (54.4%) |
| Renter Occupied HU | 2,877 (36.5%) |
| Vacant Housing Units | 717 ( 9.1%) |
| Median Home Value | $232,289 |
| Average Home Value | $269,705 |
Residential
7,369
Single Family
6,892
Multi-Family
477
Businesses
585
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $295,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-25 | $3265.84 | -4.34% | $255,878 | -2.58% |
| 2023-04-25 | $3414.12 | -0.20% | $262,651 | 17.36% |
| 2022-04-25 | $3420.89 | N/A | $223,791 | 25.44% |
Listed by: Reagan Franco • Texas Luxury and Land
Mls Name: NTREIS
Mls ID: #20913287
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.
