Tyler Plan, Mesa Ridge, Temple, TX, 76502 | 7.72% Rental Yield

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Tyler Plan, Mesa Ridge, Temple, TX, 76502 | 7.72% Rental Yield | Ziffy

For Sale

Listed for sale 4 days ago

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

Rental property for sale in Temple at Tyler Plan, Mesa Ridge, Temple, TX, 76502 priced at $415,000 converts $2,671/mo rent into after a $2,031/mo obligation. Total monthly income equals $2,671/mo. Return on cash invested prints 17.47% in year one, and rental yield reads 7.72% against a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation compiles into $114,657 by year five. Five-year ROI reaches 90.98% and total cumulative return in cash sums $125,157. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,671/mo property income covering a $2,031/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

Welcome to Mesa Ridge Mesa Ridge is an exciting new home community in Temple, Texas, proudly located in the highly rated Belton Independent School District. Developed by Carothers Executive Homes, a fourth-generation Central Texas builder, this neighborhood combines craftsmanship, comfort, and convenience for today's modern families. Perfectly situated along Highway 317, Mesa Ridge provides quick access to Lake Belton High School, major employers, and the vibrant shopping and dining options on West Adams Avenue. Whether you're commuting to work or enjoying a night out, everything you need is just minutes from home. Community Highlights Beautiful new homes built by Carothers Executive Homes a trusted Central Texas builder, Located in Belton ISD, near Lake Belton High School, Easy access to Highway 317, West Adams Avenue, and Downtown Temple, Close to retail, restaurants, parks, and Lake Belton recreation, Peaceful neighborhood atmosphere with family-friendly surroundings, Energy-efficient designs, high-end finishes, and open-concept layouts, and more! Built for the Life You Love...

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