7517 Hickman StTempleTX76502
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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 7517 Hickman St, Temple, TX, 76502 uses $104,423 cash to close to unlock $1,989/yr annual cash flow and $166/mo monthly cash flow. Total monthly income runs $2,406/mo, and a $1,542/mo payment keeps the spread at $166/mo. Purchase price stands at $315,000, and rental yield measures 9.17% with $2,406/mo rent. Return on cash invested shows 21.81% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 114.27% and total cumulative return in cash records $119,321. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,406/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 2019
5,998 sqft 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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