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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 8709 Cantera Ridge Rd, Temple, TX, 76502 with 5% annual appreciation on a $319,900 basis while $2,664/mo rent supports operations. Total monthly income totals $2,664/mo and a $1,566/mo payment preserves $359/mo for cash returns. Annual cash flow comes to $4,307/yr on $106,047 deployed, and return on cash invested reaches 23.97% in year one. Equity gained on principal adds $2,064/yr, and five-year appreciation sums $88,382 alongside rental yield of 9.99%. Five-year ROI measures 125.95% and total cumulative return in cash totals $133,568.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,664/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
5,998 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 |
|---|---|---|
| 2024-09-07 | Price change | $319,900 |
| 2024-08-02 | Listed for sale | $323,500 |
| 2023-01-24 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $320,319 | -1.39% |
| 2023-12-27 | $4243.63 | 518.98% | $324,818 | 1089.81% |
| 2022-12-27 | $685.58 | N/A | $27,300 | N/A |
What's Special
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Listed by: Susan Young • The Foxx Real Estate Group-ARG
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #552273
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.
