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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% |
Rental property for sale in Azle at 204 Stewart Bend Ct, Azle, TX, 76020 generates $4,351/mo in rent and, after a $1,835/mo payment, leaves $1,685/mo in cash flow. Total monthly income is $4,351/mo, and annual cash flow is $20,217/yr on $124,313 invested. Return on cash invested sits at 36.17% in year one, and rental yield is 13.92% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 191.26% and total cumulative return in cash sums $237,759. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,351/mo property income rather than buyer’s personal income.
Multi Family
Built in 2009
7,100 sqft 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 |
|---|---|---|
| 2024-06-30 | Listed for sale | $375,000 |
| 2022-12-30 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $1650.75 | 27.95% | $340,060 | 42.30% |
| 2022-08-14 | $1290.18 | -3.06% | $238,970 | N/A |
| 2021-08-14 | $1330.87 | 18.44% | $238,970 | 25.77% |
Listed by: Abdul Jameel Abdur Rahman • My Dream Home Helpers Realty
Mls Name: NTREIS
Mls ID: #20661054
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.
