1423 Fiddle Wood WayTempleTX76502
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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 1423 Fiddle Wood Way, Temple, TX, 76502 offers a 10.81% rental yield on a $290,388 purchase with $2,617/mo rent. Total monthly income registers $2,617/mo, and a $1,421/mo payment leaves $401/mo available for distribution. Annual cash flow reaches $4,807/yr on $96,264 to close, and return on cash invested stands at 24.9% in year one. Equity gained on principal adds $1,874/yr while 5% annual appreciation supports $80,229 over five years. Portfolio math shows five-year ROI at 131.53% and total cumulative return in cash at $126,618. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,617/mo property income against a $1,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
6,185 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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