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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 1517 Lark Ct, Azle, TX, 76020 earns $2,426/mo cash flow from $3,966/mo rent with a $1,060/mo payment. Total monthly income totals $3,966/mo, and annual cash flow totals $29,113/yr on $71,770 capital. ROI tracks 60.47% on current figures, and rental yield reads 21.98% at a $216,500 purchase. Equity gained on principal adds $1,397/yr, and 5% annual appreciation supports $59,815 over five years. Five-year ROI reaches 321.63% and total cumulative return in cash sums $230,836. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,966/mo property income instead of your personal income.
Manufactured
Built in 2021
7,971 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 |
|---|---|---|
| 2024-08-13 | Price change | $216,500 |
| 2024-08-09 | Price change | $218,500 |
| 2024-08-04 | Listed for sale | $219,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $1346.68 | 7.93% | $62,643 | 29.03% |
| 2022-08-14 | $1247.75 | 269.46% | $48,551 | 278.80% |
| 2021-08-14 | $337.72 | 74.60% | $12,817 | 83.10% |
Listed by: Lynn Ballester • Coldwell Banker Realty
Mls Name: NTREIS
Mls ID: #20693407
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.
