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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 1565 Rhonda B Rd, Azle, TX, 76020 offers a 6.64% rental yield on a $389,000 purchase with $2,154/mo rent. 21% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 73.49% and total cumulative return in cash at $94,770. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,154/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1978
5.97 Acres 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 |
|---|---|---|
| 2024-12-04 | Listed for sale | $389,000 |
| 2024-10-09 | Contingent | $389,000 |
| 2024-10-07 | Pending sale | $389,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $335.09 | 4.11% | $374,510 | N/A |
| 2023-12-27 | $321.86 | -1.49% | $374,510 | 103.04% |
| 2022-12-27 | $326.74 | 4.99% | $184,450 | N/A |
Listed by: Karen Fuller • Marsha Hardin Real Estate LLC
Mls Name: NTREIS
Mls ID: #20679778
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.
