








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Azle at 213 W Rio Rdg, Azle, TX, 76020 listed at $550,200 pairs $3,902/mo rent with a $2,693/mo payment. Total monthly income runs $3,902/mo. Return on cash invested measures 19.66% in year one, and rental yield registers 8.51% at a $550,200 basis. Equity gained on principal adds $3,550/yr, and annual property appreciation at 5% supports $152,010 by year five. Five-year ROI tracks 102.82% and total cumulative return in cash totals $186,121. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,902/mo property income relative to a $2,693/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
2.50 Acres lot
$N/A/sqft
$600 annually 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 |
|---|---|---|
| 2025-05-16 | Listed for sale | $550,200 |
| 2013-04-04 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-16 | $2766.27 | 12.16% | $736,270 | N/A |
| 2023-05-16 | $2466.46 | 0.31% | $736,270 | 69.57% |
| 2022-05-16 | $2458.88 | 7.21% | $434,210 | N/A |



Listed by: Amy Steele • JPAR Grapevine West
Mls Name: NTREIS
Mls ID: #20937709
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