S-2516 Plan, South PointeTempleTX76504
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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
Investment Highlights
Rental property for sale in Temple at S-2516 Plan, South Pointe, Temple, TX, 76504 priced at $333,400 converts $4,268/mo rent into $1,897/mo cash flow after a $1,632/mo obligation. Total monthly income equals $4,268/mo, and annual cash flow totals $22,764/yr on $110,522 invested. Return on cash invested prints 40.51% in year one, and rental yield reads 15.36% against a $333,400 entry. Equity gained on principal adds $2,151/yr, while 5% annual appreciation compiles into $92,112 by year five. Five-year ROI reaches 214.49% and total cumulative return in cash sums $237,058. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,268/mo property income covering a $1,632/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76504, Temple, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,346 (100%) |
| Owner Occupied HU | 4,802 (36.0%) |
| Renter Occupied HU | 7,272 (54.5%) |
| Vacant Housing Units | 1,272 ( 9.5%) |
| Median Home Value | $208,864 |
| Average Home Value | $274,573 |
Housing Distribution
Address Breakdown
Residential
11,800
Single Family
8,424
Multi-Family
3,376
Businesses
1,106
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