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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 1617 Florence Dr, Azle, TX, 76020 uses $134,258 cash to close to unlock $219/yr annual cash flow and $18/mo monthly cash flow. Total monthly income runs $2,898/mo, and a $1,982/mo payment keeps the spread at $18/mo. Purchase price stands at $405,000, and rental yield measures 8.59% with $2,898/mo rent. Return on cash invested shows 20.07% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 104.94% and total cumulative return in cash records $140,894. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,898/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2.52 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Rose Weaver • Marie Pigg Real Estate
Mls Name: NTREIS
Mls ID: #21108102
