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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 1340 Flying Jib Dr, Azle, TX, 76020 with 5% annual appreciation on a $436,000 basis while $3,090/mo rent supports operations. 63% in year one. Equity gained on principal adds $2,813/yr, and five-year appreciation sums $120,459 alongside rental yield of 8.5%. Five-year ROI measures 102.64% and total cumulative return in cash totals $148,346. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,090/mo property income versus a $2,134/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
0.26 Acres lot
$N/A/sqft
$68 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 |
|---|---|---|
| 2024-10-11 | Listed for sale | $436,000 |
| 2023-06-16 | Sold | N/A |
| 2023-05-18 | Contingent | $420,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $5825.56 | -1.23% | $448,447 | 16.33% |
| 2022-10-23 | $5898.04 | 3.63% | $385,488 | 19.90% |
| 2021-10-23 | $5691.34 | 2.13% | $321,503 | 5.51% |
Listed by: Lynn Roberts • Eagle Mountain Realty
Mls Name: NTREIS
Mls ID: #20717277
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.
