3002 Glenwood DrTempleTX76502
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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 3002 Glenwood Dr, Temple, TX, 76502 uses $66,267 cash to close to unlock $1,595/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $1,554/mo, and a $978/mo payment keeps the spread at $133/mo. Purchase price stands at $199,900, and rental yield measures 9.33% with $1,554/mo rent. Return on cash invested shows 22.32% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 116.95% and total cumulative return in cash records $77,497. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,554/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1964
6,708 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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