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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 8491 Lake Pointe Dr, Temple, TX, 76502 earns $266/mo cash flow from $2,408/mo rent with a $1,444/mo payment. Total monthly income totals $2,408/mo, and annual cash flow totals $3,196/yr on $97,793 capital. ROI tracks 23.18% on current figures, and rental yield reads 9.8% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 121.8% and total cumulative return in cash sums $119,114. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,408/mo property income instead of your personal income.
Single Family
Built in 2018
6,046 sqft lot
$N/A/sqft
$90 quarterly 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 |
|---|---|---|
| 2024-11-04 | Listed for sale | $295,000 |
| 2021-03-16 | Sold | N/A |
| 2021-02-08 | Pending sale | $224,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $282,054 | -3.48% |
| 2023-12-27 | $5063.58 | -11.20% | $292,215 | 10.00% |
| 2022-12-27 | $5702.16 | N/A | $265,650 | 28.55% |
Listed by: Phylicia Gaston • The Mullens Group
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #561115
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.
