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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 156 Tall Meadow St, Azle, TX, 76020 priced at $299,999 pairs $2,459/mo rent with $297/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,459/mo, and annual cash flow comes to $3,560/yr on $99,450 invested. Return on cash invested is 23.49% in year one, and rental yield stands at 9.84% on a $299,999 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 123.38% and total cumulative return in cash reaches $122,700. For financing, Ziffy Mortgage’s DSCR program evaluates $2,459/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
5,357 sqft lot
$N/A/sqft
$352 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 |
|---|---|---|
| 2024-10-09 | Price change | $299,999 |
| 2024-09-04 | Price change | $309,000 |
| 2024-07-31 | Listed for sale | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $1542.47 | 1.94% | $311,710 | N/A |
| 2023-12-27 | $1513.12 | 2.02% | $311,710 | 13.47% |
| 2022-12-27 | $1483.14 | 38.20% | $274,710 | N/A |
Listed by: Nick Good • EXP REALTY
Mls Name: NTREIS
Mls ID: #20682651
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.
