1608 Quail RunAzleTX76020
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Azle at 1608 Quail Run, Azle, TX, 76020 priced at $209,900 pairs $1,765/mo rent with $273/mo cash flow after a $1,027/mo payment. Total monthly income equals $1,765/mo, and annual cash flow comes to $3,273/yr on $69,582 invested. Return on cash invested is 24.61% in year one, and rental yield stands at 10.09% on a $209,900 basis. Equity gained on principal adds $1,354/yr, and 5% annual appreciation accumulates to $57,992 by year five. Five-year ROI measures 129.29% and total cumulative return in cash reaches $89,960. For financing, Ziffy Mortgage’s DSCR program evaluates $1,765/mo property income against a $1,027/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2024
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76020, Azle, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,293
Single Family
13,691
Multi-Family
602
Businesses
598
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Listed by: D. Mark McPherson • Major League Realty, Inc.
Mls Name: NTREIS
Mls ID: #20791235
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.