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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% |
Investment property for sale in Azle at 1008 Katie Ct, Azle, TX, 76020 uses $145,529 cash to close to unlock $6,179/yr annual cash flow and $515/mo monthly cash flow. Total monthly income runs $3,637/mo, and a $2,149/mo payment keeps the spread at $515/mo. Purchase price stands at $439,000, and rental yield measures 9.94% with $3,637/mo rent. Return on cash invested shows 24.15% in year one, and 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 126.81% and total cumulative return in cash records $184,544. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,637/mo property income covering a $2,149/mo payment rather than investor’s personal income.
Single Family
Built in 2024
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76020, Azle, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,879 (100%) |
| Owner Occupied HU | 10,695 (71.9%) |
| Renter Occupied HU | 3,057 (20.5%) |
| Vacant Housing Units | 1,127 ( 7.6%) |
| Median Home Value | $389,632 |
| Average Home Value | $421,923 |
Residential
14,293
Single Family
13,691
Multi-Family
602
Businesses
598
Date | Event | Price |
|---|---|---|
| 2024-09-19 | Price change | $439,000 |
| 2024-08-08 | Price change | $495,000 |
| 2024-06-28 | Price change | $445,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sharon Mcbee • Silversage Realty
Mls Name: NTREIS
Mls ID: #20540118
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
