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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 Spinnaker Ln, Azle, TX, 76020 with 5% annual appreciation on a $439,000 basis while $3,517/mo rent supports operations. Total monthly income totals $3,517/mo and a $2,149/mo payment preserves $354/mo for cash returns. Annual cash flow comes to $4,248/yr on $145,529 deployed, and return on cash invested reaches 22.83% in year one. Equity gained on principal adds $2,833/yr, and five-year appreciation sums $121,288 alongside rental yield of 9.61%. Five-year ROI measures 119.81% and total cumulative return in cash totals $174,356.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,517/mo property income versus a $2,149/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
10,410 sqft lot
$N/A/sqft
$59 quarterly 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 |
|---|---|---|
| 2025-05-03 | Listed for sale | $439,000 |
| 2013-04-16 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-04 | $7540.78 | N/A | $436,081 | -2.32% |
| 2023-05-04 | N/A | N/A | $446,436 | 19.12% |
| 2022-05-04 | $7632.99 | 6.02% | $374,788 | 18.18% |
Listed by: Brent Glaze • NTX Legacy Realty, LLC
Mls Name: NTREIS
Mls ID: #20893963
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.
