16017 Toby Ct, Temple, TX, 76502 | 6.13% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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16017 Toby Ct, Temple, TX, 76502 | 6.13% Rental Yield | Ziffy

For Sale

Listed for sale 3 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

Total monthly income runs $3,060/mo, and a $2,932/mo payment. Purchase price stands at $599,000, and rental yield measures 6.13% with $3,060/mo rent. Return on cash invested shows 12.75% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 65.68% and total cumulative return in cash records $129,430. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,060/mo property income covering a $2,932/mo payment rather than investor’s personal income.

Single Family

Built in 2018

1.17 Acres lot

$N/A/sqft

No HOA

More details about the property

Enjoy this custom built oasis with modern amenities! This beautiful 5-bedroom, 3-bath home is located in the gated Tanglewood community along the scenic shores of Belton Lake. Surrounded by mature trees and abundant wildlife, residents also enjoy access to a community pool, clubhouse, and playgroundall within the highly desirable Belton ISD. Inside, the open-concept layout features beautiful engineered bamboo flooring, high ceilings, crown molding, and so much more. The spacious primary suite offers a relaxing retreat with a walk-in shower, soaking tub, and dual granite vanities with a spacious walk-in closet. A downstairs guest bedroom or flex space provides added convenience, while three additional bedrooms and a full bath upstairs offer privacy and comfort. The kitchen is thoughtfully designed with custom cabinetry, granite countertops, stainless steel appliances, a wine chiller, double ovens, a large island with breakfast bar, and a walk-in pantryideal for both entertaining and everyday living. Situated on three lots totaling just over an acre, this home is tucked away on a quiet cul-de-sac and features a covered patio and serene wooded setting. Enjoy community amenities or take advantage of nearby Belton Lake for swimming, fishing, and outdoor recreation. This exceptional property offers peaceful living without sacrificing convenience.

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