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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 134 Hazelnut Dr, Azle, TX, 76020 generates $4,268/mo in rent and, after a $1,875/mo payment, leaves $1,511/mo in cash flow. Total monthly income is $4,268/mo, and annual cash flow is $18,128/yr on $126,964 invested. Return on cash invested sits at 34.19% in year one, and rental yield is 13.37% on a $382,999 entry. Equity gained on principal adds $2,471/yr, while 5% annual appreciation builds toward $105,816 over five years. Five-year ROI reaches 180.74% and total cumulative return in cash sums $229,470. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,268/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
8,232 sqft lot
$N/A/sqft
$400 annually 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 | $382,914 |
| 2024-08-30 | Price change | $382,999 |
| 2024-08-26 | Pending sale | $372,999 |
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: #20655435
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.
