1407 Coriander Rd, Temple, TX, 76501 | $159/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1407 Coriander Rd, Temple, TX, 76501 | $159/mo Cash Flow | Ziffy

For Sale

Listed for sale 4 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Temple at 1407 Coriander Rd, Temple, TX, 76501 generates $1,830/mo in rent and, after a $1,150/mo payment, leaves $159/mo in cash flow. Total monthly income is $1,830/mo, and annual cash flow is $1,910/yr on $77,891 invested. Return on cash invested sits at 22.36% in year one, and rental yield is 9.35% on a $234,965 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,917 over five years. Five-year ROI reaches 117.25% and total cumulative return in cash sums $91,326. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,830/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

The Ashburn floorplan at Oak Ridge in Temple, Texas is a 3-bedroom, 2-bathroom single-story home covering approximately 1,263 sq. ft. The 2-car garage ensures plenty of space for vehicles and storage. In this floorplan, you'll find a home that makes the most of its space. The kitchen features beautiful shaker-style cabinetry with granite countertops as it flows into the dining area and great room. The bedrooms are carpeted, and the primary bedroom has an attached bathroom with a walk-in closet. The secondary bedrooms are cozy and carpeted, with plenty of closet space. The laundry room and a secondary bathroom are perfectly place next to these rooms for easy access. Enjoy nature from the backyard covered patio that is attached to the dining area. Here you can start or end your day relaxing with nature. Like with all our homes, you'll never be too far from home with our smart home technology integrated into your home. Find security and control through the Qolsys panel, your phone, or voice and when you want to add additional smart home tech, easily integrate with Z-wave or Bluetooth technology. Come visit the Ashburn floorplan today to find your new home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 76501, Temple, TX area.

Housing Distribution

Housing Statistics

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