1418 S 3rd 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 1418 S 3rd St, Temple, TX, 76504 uses $54,366 cash to close to unlock $3,654/yr annual cash flow and $304/mo monthly cash flow. Total monthly income runs $1,471/mo, and a $803/mo payment keeps the spread at $304/mo. Purchase price stands at $164,000, and rental yield measures 10.76% with $1,471/mo rent. Return on cash invested shows 26.63% in year one, and 5% annual appreciation builds toward $45,310 over five years. Five-year ROI reaches 140.13% and total cumulative return in cash records $76,185. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,471/mo property income covering a $803/mo payment rather than investor’s personal income.
Single Family
Built in 1934
5,248 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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