1704 Coral RdAzleTX76020
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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
Investment property for sale in Azle at 1704 Coral Rd, Azle, TX, 76020 listed at $180,950 pairs $1,431/mo rent with a $886/mo payment to leave $144/mo cash flow. Total monthly income runs $1,431/mo, and annual cash flow reaches $1,727/yr on $59,985 cash to close. Return on cash invested measures 22.79% in year one, and rental yield registers 9.49% at a $180,950 basis. Equity gained on principal adds $1,168/yr, and annual property appreciation at 5% supports $49,993 by year five. Five-year ROI tracks 119.49% and total cumulative return in cash totals $71,679. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,431/mo property income relative to a $886/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2021
7,971 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: Josh Mills • Relo Radar
Mls Name: NTREIS
Mls ID: #20728700
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.