429 Pipe Creek 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
Rental property for sale in Temple at 429 Pipe Creek Dr, Temple, TX, 76502 priced at $290,980 converts $2,614/mo rent into $545/mo cash flow after a $1,424/mo obligation. Total monthly income equals $2,614/mo, and annual cash flow totals $6,540/yr on $96,460 invested. Return on cash invested prints 26.69% in year one, and rental yield reads 10.78% against a $290,980 entry. Equity gained on principal adds $1,878/yr, while 5% annual appreciation compiles into $80,392 by year five. Five-year ROI reaches 140.39% and total cumulative return in cash sums $135,420. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,614/mo property income covering a $1,424/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A 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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