Connally II Plan, The Grove at Lakewood Ranch West, Temple, TX, 76502 | 6.41% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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Connally II Plan, The Grove at Lakewood Ranch West, Temple, TX, 76502 | 6.41% 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 Connally II Plan, The Grove at Lakewood Ranch West, Temple, TX, 76502 priced at $500,000 converts $2,671/mo rent into after a $2,447/mo obligation. Total monthly income equals $2,671/mo. Return on cash invested prints 13.51% in year one, and rental yield reads 6.41% against a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 69.71% and total cumulative return in cash sums $115,544. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,671/mo property income covering a $2,447/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 Connally II floor plan is the perfect choice if you're looking for a two-story home. This plan is ideal for larger families and features a four-bedroom, three-and-a-half bathroom layout with sweeping archways and recessed ceilings spread across 2,923 square feet. All bedrooms are on the main floor, with a bonus room upstairs that is perfect for movie nights, a guest suite, a workout area, or a craft room! The kitchen includes stainless steel appliances and a huge walk-in pantry with ample storage space, while the primary suite has dual vanity sinks, a private water closet, and a spacious closet. This plan also has a three-car garage. Plan variations include the choice of a fifth bedroom, dining room, or study off the entryway, a walk-in shower or separate tub and shower in the primary bath, separate vanities in the primary bath, and a fireplace in the living room.

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