








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Temple at 1604 E Downs Ave, Temple, TX, 76501 listed at $192,000 pairs $1,852/mo rent with a $940/mo payment to leave $486/mo cash flow. Total monthly income runs $1,852/mo, and annual cash flow reaches $5,837/yr on $63,648 cash to close. Return on cash invested measures 29.08% in year one, and rental yield registers 11.58% at a $192,000 basis. Equity gained on principal adds $1,239/yr, and annual property appreciation at 5% supports $53,046 by year five. Five-year ROI tracks 153.27% and total cumulative return in cash totals $97,552. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,852/mo property income relative to a $940/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76501, Temple, TX area.
| 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 |
Residential
7,369
Single Family
6,892
Multi-Family
477
Businesses
585
Date | Event | Price |
|---|---|---|
| 2025-02-11 | Price change | $192,000 |
| 2024-12-12 | Price change | $197,000 |
| 2024-10-30 | Listed for sale | $199,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $2157.58 | 20.97% | $186,278 | 32.54% |
| 2023-02-12 | $1783.53 | -22.42% | $140,543 | 10.00% |
| 2022-02-12 | $2298.94 | N/A | $127,766 | 10.00% |



Listed by: Danielle Manzella • 6th Ave Homes
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #561356
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 2025 Central Texas MLS, All Rights Reserved.