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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 3916 S Pea Ridge Rd, Temple, TX, 76502 offers $2,671/mo rent that, after a $6,363/mo payment. Total monthly income is $2,671/mo. Return on cash invested measures 1.29% in year one, and rental yield stands at 2.47% at a $1,300,000 entry. Equity gained on principal adds $8,389/yr while 5% annual appreciation compounds into $359,166 by year five. Five-year ROI records 4.24% and total cumulative return in cash reaches $17,871. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,671/mo property income versus a $6,363/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
14.65 Acres lot
$N/A/sqft
$1,500 annually HOA
Neighborhood data shown for ZIP Code: 76502, Temple, TX area.
| 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 |
Residential
22,452
Single Family
20,044
Multi-Family
2,408
Businesses
853
Date | Event | Price |
|---|---|---|
| 2024-06-24 | Price change | $1,300,000 |
| 2024-05-09 | Price change | $1,600,000 |
| 2024-04-25 | Price change | $1,700,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $10415.42 | -16.77% | $979,238 | 10.29% |
| 2022-08-15 | $12514.29 | N/A | $887,840 | 20.99% |
| 2021-08-15 | N/A | N/A | $733,808 | 7.76% |
Listed by: Ralph Sheffield • Bryan Properties
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #538345
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.
