1848 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 1848 Coral Rd, Azle, TX, 76020 uses $56,587 cash to close to unlock $6,282/yr annual cash flow and $523/mo monthly cash flow. Total monthly income runs $1,740/mo, and a $835/mo payment keeps the spread at $523/mo. Purchase price stands at $170,700, and rental yield measures 12.23% with $1,740/mo rent. Return on cash invested shows 31.01% in year one, and 5% annual appreciation builds toward $47,161 over five years. Five-year ROI reaches 163.65% and total cumulative return in cash records $92,605. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,740/mo property income covering a $835/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A 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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