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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 1308 Craft Farms Cir, Azle, TX, 76020 listed at $560,000 pairs $5,291/mo rent with a $2,741/mo payment to leave $1,309/mo cash flow. Total monthly income runs $5,291/mo, and annual cash flow reaches $15,704/yr on $184,240 cash to close. Return on cash invested measures 28.58% in year one, and rental yield registers 11.34% at a $560,000 basis. Equity gained on principal adds $3,614/yr, and annual property appreciation at 5% supports $154,718 by year five. Five-year ROI tracks 150.55% and total cumulative return in cash totals $277,373. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,291/mo property income relative to a $2,741/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
1.04 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 |
|---|---|---|
| 2024-08-30 | Price change | $560,000 |
| 2024-07-31 | Listed for sale | $580,000 |
| 2023-09-01 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $6667.03 | -15.58% | $595,847 | 29.71% |
| 2022-10-15 | $7896.99 | 6.85% | $459,385 | 12.69% |
| 2021-10-15 | $7391.07 | 0.07% | $407,644 | 1.56% |
Listed by: Keith Vignola • MARK SPAIN REAL ESTATE
Mls Name: NTREIS
Mls ID: #20689711
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.
