Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1308 N 2nd St, Temple, TX, 76501 priced at $155,000 converts $2,888/mo rent into $1,670/mo cash flow after a $759/mo obligation. Total monthly income equals $2,888/mo, and annual cash flow totals $20,036/yr on $51,383 invested. Return on cash invested prints 58.9% in year one, and rental yield reads 22.36% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 314.17% and total cumulative return in cash sums $161,428. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,888/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in 1958
7,200 sqft 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 |
|---|---|---|
| 2024-05-30 | Listed for sale | $155,000 |
| 2024-05-29 | Listing removed | N/A |
| 2024-04-22 | Price change | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $3961.45 | 0.79% | $172,787 | 5.27% |
| 2022-08-15 | $3930.22 | N/A | $164,135 | 29.82% |
| 2021-08-15 | N/A | N/A | $126,436 | 6.05% |
Listed by: Justin Robert • Two Lakes Real Estate
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #545649
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2024 Central Texas MLS, All Rights Reserved.
