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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% |
Investment property for sale in Temple at 605 N 6th St, Temple, TX, 76501 uses $39,780 cash to close to unlock $11,692/yr annual cash flow and $974/mo monthly cash flow. Total monthly income runs $1,830/mo, and a $587/mo payment keeps the spread at $974/mo. Purchase price stands at $120,000, and rental yield measures 18.3% with $1,830/mo rent. Return on cash invested shows 49.3% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 261.77% and total cumulative return in cash records $104,131. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,830/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1927
8,250 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 |
|---|---|---|
| 2024-05-25 | Price change | $120,000 |
| 2024-05-07 | Price change | $140,000 |
| 2024-04-10 | Listed for sale | $160,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $2023.83 | 1.59% | $88,274 | 6.10% |
| 2022-08-15 | $1992.14 | N/A | $83,197 | 22.85% |
| 2021-08-15 | N/A | N/A | $67,720 | 15.76% |
Listed by: Daniela Aguirre • Realty Executives Of Killeen
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #538742
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.
