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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 Drake III Plan, Grove West, Temple, TX, 76502 generates $2,154/mo in rent, after a $2,028/mo payment. Total monthly income is $2,154/mo. Return on cash invested sits at 12.99% in year one, and rental yield is 6.24% on a $414,300 entry. Equity gained on principal adds $2,673/yr, while 5% annual appreciation builds toward $114,463 over five years. Five-year ROI reaches 66.92% and total cumulative return in cash sums $91,913. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,154/mo property income rather than buyer’s personal income.
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 |
|---|---|---|
| 2025-05-08 | Price change | $414,300 |
| 2024-08-26 | Price change | $407,300 |
| 2024-08-07 | Price change | $459,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Omega Builders
Mls Name: Omega Builders
Mls ID: #N/A
