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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 145 Ranch Creek Dr, Azle, TX, 76020 offers $5,112/mo rent that, after a $4,649/mo payment. Total monthly income is $5,112/mo. Return on cash invested measures 13.31% in year one, and rental yield stands at 6.46% at a $949,900 entry. Equity gained on principal adds $6,130/yr while 5% annual appreciation compounds into $262,440 by year five. Five-year ROI records 68.77% and total cumulative return in cash reaches $214,926. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,112/mo property income versus a $4,649/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
2.43 Acres lot
$N/A/sqft
$1,400 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 |
|---|---|---|
| 2025-07-23 | Listed for sale | $949,900 |
| 2022-09-04 | Listing removed | N/A |
| 2022-06-03 | Listed for sale | $995,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-23 | $3866.86 | 12.15% | $787,320 | N/A |
| 2023-07-23 | $3447.86 | 0.31% | $787,320 | 46.49% |
| 2022-07-23 | $3437.33 | -11.23% | $537,470 | -8.86% |
Listed by: Trey Presswood • Panther Real Estate LLC
Mls Name: NTREIS
Mls ID: #21007451
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.
