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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 1668 Spinnaker Ln, Azle, TX, 76020 listed at $420,000 pairs $3,052/mo rent with a $2,056/mo payment to leave $47/mo cash flow. Total monthly income runs $3,052/mo, and annual cash flow reaches $562/yr on $139,230 cash to close. Return on cash invested measures 20.31% in year one, and rental yield registers 8.72% at a $420,000 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,038 by year five. Five-year ROI tracks 106.27% and total cumulative return in cash totals $147,955. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,052/mo property income relative to a $2,056/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.34 Acres lot
$N/A/sqft
$218 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 |
|---|---|---|
| 2025-04-02 | Listed for sale | $420,000 |
| 2023-10-30 | Sold | N/A |
| 2023-10-09 | Pending sale | $415,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $6712.48 | 56.04% | $395,000 | -4.70% |
| 2023-04-03 | $4301.75 | -16.88% | $414,464 | 17.55% |
| 2022-04-03 | $5175.27 | 5.52% | $352,585 | 19.94% |
Listed by: Shanda Blount • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20890441
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.
