1302 S 23rd StTempleTX76504
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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
Investment property for sale in Temple at 1302 S 23rd St, Temple, TX, 76504 uses $54,697 cash to close to unlock $4,568/yr annual cash flow and $381/mo monthly cash flow. Total monthly income runs $1,584/mo, and a $808/mo payment keeps the spread at $381/mo. Purchase price stands at $164,999, and rental yield measures 11.52% with $1,584/mo rent. Return on cash invested shows 28.26% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 149.1% and total cumulative return in cash records $81,551. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,584/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1945
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76504, Temple, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,346 (100%) |
| Owner Occupied HU | 4,802 (36.0%) |
| Renter Occupied HU | 7,272 (54.5%) |
| Vacant Housing Units | 1,272 ( 9.5%) |
| Median Home Value | $208,864 |
| Average Home Value | $274,573 |
Housing Distribution
Address Breakdown
Residential
11,800
Single Family
8,424
Multi-Family
3,376
Businesses
1,106
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Listed by: Chet Polniazek • 1st Texas Realty Services
Mls Name: HAR
Mls Provider:
Mls ID: #50592573
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