1506 Soap Rock LnTempleTX76502
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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 1506 Soap Rock Ln, Temple, TX, 76502 offers a 8.5% rental yield on a $337,900 purchase with $2,393/mo rent. 61% in year one. Equity gained on principal adds $2,180/yr while 5% annual appreciation supports $93,356 over five years. Portfolio math shows five-year ROI at 102.55% and total cumulative return in cash at $114,871. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,393/mo property income against a $1,654/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
6,821 sqft lot
$N/A/sqft
$215 annually 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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Listed by: Jeany Warneke • Coldwell Banker Apex, REALTORS
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #562141
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.