601 Fair Springs 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 601 Fair Springs Dr, Temple, TX, 76502 listed at $288,200 pairs $2,356/mo rent with a $1,411/mo payment to leave $267/mo cash flow. Total monthly income runs $2,356/mo, and annual cash flow reaches $3,204/yr on $95,538 cash to close. Return on cash invested measures 23.26% in year one, and rental yield registers 9.81% at a $288,200 basis. Equity gained on principal adds $1,860/yr, and annual property appreciation at 5% supports $79,624 by year five. Five-year ROI tracks 122.2% and total cumulative return in cash totals $116,751. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,356/mo property income relative to a $1,411/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
9,365 sqft lot
$N/A/sqft
$7 monthly 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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