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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 7304 Abalone Way, Temple, TX, 76502 priced at $339,500 converts $2,154/mo rent into after a $1,662/mo obligation. Total monthly income equals $2,154/mo. Return on cash invested prints 16.92% in year one, and rental yield reads 7.61% against a $339,500 entry. Equity gained on principal adds $2,191/yr, while 5% annual appreciation compiles into $93,798 by year five. Five-year ROI reaches 88.1% and total cumulative return in cash sums $99,149. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,154/mo property income covering a $1,662/mo payment, not borrower’s personal income.
Single Family
Built in 2019
6,969 sqft lot
$N/A/sqft
$235 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 |
|---|---|---|
| 2025-01-22 | Listed for sale | $339,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $3683.88 | 0.71% | $319,852 | 11.61% |
| 2023-02-12 | $3657.99 | -26.44% | $286,574 | 10.00% |
| 2022-02-12 | $4972.54 | N/A | $260,522 | 10.00% |
Listed by: Kyle Allbright • Elite Real Estate Texas
Mls Name: NTREIS
Mls ID: #20824066
Disclaimer: 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.
