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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 209 Walnut Creek Dr, Azle, TX, 76020 offers $2,210/mo rent that, after a $1,591/mo payment. Total monthly income is $2,210/mo. Return on cash invested measures 18.78% in year one, and rental yield stands at 8.16% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 97.99% and total cumulative return in cash reaches $105,577. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,210/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.79 Acres 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 |
|---|---|---|
| 2025-06-28 | Listed for sale | $325,000 |
| 2022-01-12 | Sold | N/A |
| 2021-12-28 | Pending sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-28 | $1470.75 | 1.83% | $297,540 | N/A |
| 2023-06-28 | $1444.34 | 45.00% | $297,540 | 61.27% |
| 2022-06-28 | $996.10 | 12.16% | $184,500 | 7.21% |
Listed by: Pat Jones • The Michael Group Real Estate
Mls Name: NTREIS
Mls ID: #20984324
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.
