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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 Lakeview Dr, Azle, TX, 76020 at $284,900 posts ROI 30.46% with $830/mo cash flow from $2,856/mo rent. Total monthly income equals $2,856/mo, and annual cash flow records $9,966/yr on $94,444 to close. Return on cash invested measures 30.46% and rental yield reads 12.03% at the current $284,900. Equity gained on principal adds $1,838/yr, and 5% annual appreciation supports $78,713 by year five. Five-year ROI prints 160.64% and total cumulative return in cash totals $151,715.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,856/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.48 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 |
|---|---|---|
| 2024-12-10 | Price change | $284,900 |
| 2024-11-14 | Price change | $289,900 |
| 2024-10-02 | Price change | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $4537.44 | 7.91% | $204,300 | 3.09% |
| 2023-12-27 | $4204.77 | 64.36% | $198,176 | 14.00% |
| 2022-12-27 | $2558.22 | 3.50% | $173,835 | 8.44% |
Listed by: Lori Mayo • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20707782
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.
