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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 1429 Sheri Ln N, Azle, TX, 76020 priced at $179,000 pairs $2,206/mo rent with $933/mo cash flow after a $876/mo payment. Total monthly income equals $2,206/mo, and annual cash flow comes to $11,199/yr on $59,339 invested. Return on cash invested is 38.78% in year one, and rental yield stands at 14.79% on a $179,000 basis. Equity gained on principal adds $1,155/yr, and 5% annual appreciation accumulates to $49,454 by year five. Five-year ROI measures 205.31% and total cumulative return in cash reaches $121,827. For financing, Ziffy Mortgage’s DSCR program evaluates $2,206/mo property income against a $876/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2021
8,537 sqft 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 |
|---|---|---|
| 2024-07-01 | Listed for sale | $179,000 |
| 2023-04-05 | Listing removed | N/A |
| 2023-01-16 | Listed for sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $632.34 | 79.24% | $29,415 | 114.29% |
| 2022-10-23 | $352.79 | -2.46% | $13,727 | N/A |
| 2021-10-23 | $361.70 | 87.00% | $13,727 | 96.10% |
Listed by: Marsha Hardin • Marsha Hardin Real Estate LLC
Mls Name: NTREIS
Mls ID: #20657737
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.
