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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Temple at 2201 Monticello Rd, Temple, TX, 76501 offers $1,830/mo rent that, after a $905/mo payment, leaves $515/mo cash flow. Total monthly income is $1,830/mo, and annual cash flow is $6,182/yr on $61,294 cash. Return on cash invested measures 29.99% in year one, and rental yield stands at 11.88% at a $184,900 entry. Equity gained on principal adds $1,193/yr while 5% annual appreciation compounds into $51,084 by year five. Five-year ROI records 158.2% and total cumulative return in cash reaches $96,967. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,830/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
8,058 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 |
|---|---|---|
| 2024-07-24 | Listed for sale | $184,900 |
| 2014-07-10 | Listing removed | $750 |
| 2014-07-02 | Listed for rent | $750 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $1824.47 | -22.38% | $142,111 | 10.00% |
| 2022-08-15 | $2350.58 | N/A | $129,192 | 10.00% |
| 2021-08-15 | N/A | N/A | $117,447 | 10.00% |
Listed by: Justin Phill Hutauruk • Central Metro Realty, LLC
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #551772
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.
