211 High More CtTempleTX76502
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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
Rental property for sale in Temple at 211 High More Ct, Temple, TX, 76502 priced at $310,000 converts $2,582/mo rent into $378/mo cash flow after a $1,517/mo obligation. Total monthly income equals $2,582/mo, and annual cash flow totals $4,534/yr on $102,765 invested. Return on cash invested prints 24.32% in year one, and rental yield reads 9.99% against a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,647 by year five. Five-year ROI reaches 127.71% and total cumulative return in cash sums $131,239. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,582/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in 2019
6,141 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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Listed by: Marcie Lowery • Realty Texas LLC
Mls Name: NTREIS
Mls ID: #21043145
Disclaimer: 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.