Caden Plan, North Point, Temple, TX, 76502 | 8.3% Rental Yield

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Caden Plan, North Point, Temple, TX, 76502 | 8.3% Rental Yield | Ziffy

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Temple at Caden Plan, North Point, Temple, TX, 76502 priced at $248,500 converts $1,719/mo rent into after a $1,216/mo obligation. Total monthly income equals $1,719/mo. Return on cash invested prints 19.21% in year one, and rental yield reads 8.3% against a $248,500 entry. Equity gained on principal adds $1,604/yr, while 5% annual appreciation compiles into $68,656 by year five. Five-year ROI reaches 100.36% and total cumulative return in cash sums $82,675. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,719/mo property income covering a $1,216/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

The Caden floor plan by Omega Builders offers a charming cottage-style design with a spacious and efficient layout. Featuring 4 bedrooms and 2 bathrooms within 1,545 square feet, this single-story home is thoughtfully crafted to meet the needs of modern families. The heart of the home is the open-concept living area, where the family room, dining space, and kitchen seamlessly connect, creating an inviting environment for both daily living and entertaining. The kitchen is highlighted by a large island, providing ample workspace and a central gathering point. Storage solutions are abundant, with a spacious pantry and walk-in closets in two of the secondary bedrooms, ensuring organization and convenience. The primary suite offers a private retreat with a well-appointed bathroom and generous closet space. Additional features include a 2-car garage and a covered patio, extending the living space outdoors for relaxation and enjoyment. The Caden floor plan combines functionality and style, making it an excellent choice for those seeking a comfortable and practical home design.

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