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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% |
Rental property for sale in Azle at 124 N Broadway Rd, Azle, TX, 76020 generates $2,616/mo in rent, after a $6,608/mo payment. Total monthly income is $2,616/mo. Return on cash invested sits at 1.21% in year one, and rental yield is 2.33% on a $1,350,000 entry. Equity gained on principal adds $8,711/yr, while 5% annual appreciation builds toward $372,980 over five years. Five-year ROI reaches 3.7% and total cumulative return in cash sums $16,181. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,616/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
1.16 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 |
|---|---|---|
| 2025-01-19 | Price change | $1,350,000 |
| 2024-10-05 | Price change | $1,500,000 |
| 2024-09-30 | Listed for sale | $1,700,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $9157.00 | -12.80% | $1,332,884 | 11.35% |
| 2023-02-12 | $10500.58 | -1.96% | $1,197,000 | 19.53% |
| 2022-02-12 | $10710.84 | 4.88% | $1,001,413 | 27.69% |
Listed by: Debra Jenkins • Eagle Mountain Realty
Mls Name: NTREIS
Mls ID: #20719698
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.
