124 Durant DrTempleTX76502
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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 Temple at 124 Durant Dr, Temple, TX, 76502 priced at $319,000 converts $2,402/mo rent into $134/mo cash flow after a $1,561/mo obligation. Total monthly income equals $2,402/mo, and annual cash flow totals $1,607/yr on $105,749 invested. Return on cash invested prints 21.43% in year one, and rental yield reads 9.04% against a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation compiles into $88,134 by year five. Five-year ROI reaches 112.18% and total cumulative return in cash sums $118,633. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,402/mo property income covering a $1,561/mo payment, not borrower’s personal income.
Single Family
Built in 2014
7,945 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76502, Temple, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,696 (100%) |
| Owner Occupied HU | 13,995 (61.7%) |
| Renter Occupied HU | 7,260 (32.0%) |
| Vacant Housing Units | 1,441 ( 6.3%) |
| Median Home Value | $302,329 |
| Average Home Value | $330,680 |
Housing Distribution
Address Breakdown
Residential
22,452
Single Family
20,044
Multi-Family
2,408
Businesses
853
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