Ivy Plan, Grove West, Temple, TX, 76502 | 8.1% Rental Yield

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Ivy Plan, Grove West, Temple, TX, 76502 | 8.1% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

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

Investment property for sale in Temple at Ivy Plan, Grove West, Temple, TX, 76502 listed at $395,600 pairs $2,671/mo rent with a $1,936/mo payment. Total monthly income runs $2,671/mo. Return on cash invested measures 18.61% in year one, and rental yield registers 8.1% at a $395,600 basis. Equity gained on principal adds $2,553/yr, and annual property appreciation at 5% supports $109,297 by year five. Five-year ROI tracks 97.11% and total cumulative return in cash totals $127,346. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,671/mo property income relative to a $1,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Ivy Floor Plan - 4-Bedroom, 2-Bathroom Single-Story Home with 3-Car Garage and Open Layout The Ivy floor plan offers a spacious and thoughtfully designed single-story layout, featuring four bedrooms and two full bathrooms across 2,004 square feet. This home emphasizes open-concept living, making it ideal for families seeking both comfort and functionality. The expansive family room seamlessly connects to the kitchen and dining areas, creating an inviting space for gatherings and daily activities. The kitchen boasts ample counter space and storage, enhancing the home's practicality. The primary suite provides a private retreat with a well-appointed bathroom and a generous walk-in closet. Three additional bedrooms offer flexibility for family members, guests, or a home office setup. A covered patio extends the living space outdoors, perfect for relaxing evenings or weekend gatherings. The three-car garage adds convenience and extra storage capacity, accommodating vehicles and recreational equipment. The Ivy floor plan combines practicality with elegant design, making it an excellent choice for those seeking a comfortable and versatile home.

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