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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 1540 Spinnaker Ln, Azle, TX, 76020 with 5% annual appreciation on a $549,000 basis while $2,616/mo rent supports operations. 36% in year one. Equity gained on principal adds $3,543/yr, and five-year appreciation sums $151,679 alongside rental yield of 5.72%. Five-year ROI measures 58.24% and total cumulative return in cash totals $105,200. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,616/mo property income versus a $2,687/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
0.36 Acres lot
$N/A/sqft
$262 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 |
|---|---|---|
| 2024-08-09 | Price change | $549,000 |
| 2024-07-29 | Price change | $564,900 |
| 2024-07-22 | Price change | $584,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $5799.17 | -1.21% | $442,552 | 16.30% |
| 2022-08-14 | $5870.31 | 3.60% | $380,516 | 20.03% |
| 2021-08-14 | $5666.42 | 2.05% | $317,017 | 5.38% |
Listed by: Sandra Binner • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20677906
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.
