208 Ridgeway AveAzleTX76020
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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 208 Ridgeway Ave, Azle, TX, 76020 earns $521/mo cash flow from $1,625/mo rent with a $760/mo payment. Total monthly income totals $1,625/mo, and annual cash flow totals $6,248/yr on $51,498 capital. ROI tracks 32.04% on current figures, and rental yield reads 12.55% at a $155,347 purchase. Equity gained on principal adds $1,002/yr, and 5% annual appreciation supports $42,920 over five years. Five-year ROI reaches 169.16% and total cumulative return in cash sums $87,113. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,625/mo property income instead of your personal income.
Single Family
Built in 1953
0.30 Acres 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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