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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 1575 E Reno Rd, Azle, TX, 76020 priced at $324,900 pairs $3,044/mo rent with $734/mo cash flow after a $1,590/mo payment. Total monthly income equals $3,044/mo, and annual cash flow comes to $8,806/yr on $107,704 invested. Return on cash invested is 28.08% in year one, and rental yield stands at 11.24% on a $324,900 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,764 by year five. Five-year ROI measures 147.9% and total cumulative return in cash reaches $159,293. For financing, Ziffy Mortgage’s DSCR program evaluates $3,044/mo property income against a $1,590/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
0.83 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 |
|---|---|---|
| 2024-08-06 | Price change | $324,900 |
| 2024-07-25 | Listed for sale | $334,900 |
| 2022-01-18 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $1448.25 | 37.18% | $298,690 | 52.49% |
| 2022-08-14 | $1055.70 | -3.22% | $195,870 | N/A |
| 2021-08-14 | $1090.83 | 16.12% | $195,870 | 23.31% |
Listed by: Dan Roemer • Weichert, REALTORS Suburban
Mls Name: NTREIS
Mls ID: #20683553
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.
