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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 1060 Mooring Dr, Azle, TX, 76020 at $365,000 posts ROI 37.14% with $1,738/mo cash flow from $4,364/mo rent. Total monthly income equals $4,364/mo, and annual cash flow records $20,852/yr on $120,998 to close. Return on cash invested measures 37.14% and rental yield reads 14.35% at the current $365,000. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 by year five. Five-year ROI prints 196.58% and total cumulative return in cash totals $237,859.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,364/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
10,018 sqft lot
$N/A/sqft
$375 annually 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 |
|---|---|---|
| 2024-07-31 | Price change | $365,000 |
| 2024-07-18 | Price change | $370,000 |
| 2024-06-24 | Listed for sale | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $5355.36 | -15.20% | $365,074 | 30.38% |
| 2022-08-14 | $6315.12 | 0.45% | $280,000 | 10.50% |
| 2021-08-14 | $6286.65 | 493.53% | $253,387 | 503.30% |
Listed by: Ray Cross • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20641226
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.
