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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 1101 Forest Glen Dr, Azle, TX, 76020 uses $92,787 cash to close to unlock $9,034/yr annual cash flow and $753/mo monthly cash flow. Total monthly income runs $2,798/mo, and a $1,370/mo payment keeps the spread at $753/mo. Purchase price stands at $279,900, and rental yield measures 12% with $2,798/mo rent. Return on cash invested shows 29.65% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 156.51% and total cumulative return in cash records $145,225. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,798/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 2017
5,270 sqft lot
$N/A/sqft
$500 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 |
|---|---|---|
| 2024-12-04 | Price change | $279,900 |
| 2024-11-10 | Price change | $283,500 |
| 2024-10-16 | Price change | $278,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $4802.95 | 10.56% | $275,107 | -7.75% |
| 2023-12-27 | $4344.06 | -17.07% | $298,220 | 10.94% |
| 2022-12-27 | $5238.32 | 5.07% | $268,819 | 26.05% |
Listed by: Taylor Garcia • Texas Property Brokers, LLC
Mls Name: NTREIS
Mls ID: #20673569
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.
