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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 1224 Dragon Way, Azle, TX, 76020 listed at $279,749 pairs $2,154/mo rent with a $1,369/mo payment to leave $165/mo cash flow. Total monthly income runs $2,154/mo, and annual cash flow reaches $1,979/yr on $92,737 cash to close. Return on cash invested measures 22.04% in year one, and rental yield registers 9.24% at a $279,749 basis. Equity gained on principal adds $1,805/yr, and annual property appreciation at 5% supports $77,289 by year five. Five-year ROI tracks 115.48% and total cumulative return in cash totals $107,090. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,154/mo property income relative to a $1,369/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
8,232 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jared Turner • Turner Mangum,LLC
Mls Name: NTREIS
Mls ID: #21072643
