801 S 40th StTempleTX76501
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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 801 S 40th St, Temple, TX, 76501 earns $1,949/mo cash flow from $3,116/mo rent with a $709/mo payment. Total monthly income totals $3,116/mo, and annual cash flow totals $23,384/yr on $48,034 capital. ROI tracks 68.59% on current figures, and rental yield reads 25.81% at a $144,900 purchase. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 over five years. Five-year ROI reaches 366.39% and total cumulative return in cash sums $175,993. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,116/mo property income instead of your personal income.
Single Family
Built in 1971
9,099 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76501, Temple, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,369
Single Family
6,892
Multi-Family
477
Businesses
585
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Listed by: Daniela Rodriguez • Turner Brothers Real Estate, LLC
Mls Name: WMLS
Mls Provider:
Mls ID: #223745
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-08-15 13:53:55 PDT