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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 902 Pheasant Ridge Dr, Temple, TX, 76502 offers $2,671/mo rent that, after a $2,266/mo payment. Total monthly income is $2,671/mo. Return on cash invested measures 15.05% in year one, and rental yield stands at 6.92% at a $462,921 entry. Equity gained on principal adds $2,987/yr while 5% annual appreciation compounds into $127,897 by year five. Five-year ROI records 77.99% and total cumulative return in cash reaches $119,682. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,671/mo property income versus a $2,266/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-02-12 | Listed for sale | $462,921 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $701.89 | 16.45% | $30,010 | 14.29% |
| 2023-02-13 | $602.74 | 81.62% | $26,258 | 98.70% |
| 2022-02-13 | $331.86 | N/A | $13,215 | N/A |
Listed by: Joey Smith • Omega Builders
Mls Name: Omega Builders
Mls ID: #N/A
