




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 229 Mountain View Dr, Azle, TX, 76020 offers $2,154/mo rent that, after a $1,199/mo payment, leaves $412/mo cash flow. Total monthly income is $2,154/mo, and annual cash flow is $4,943/yr on $81,218 cash. Return on cash invested measures 26% in year one, and rental yield stands at 10.55% at a $245,000 entry. Equity gained on principal adds $1,581/yr while 5% annual appreciation compounds into $67,689 by year five. Five-year ROI records 136.67% and total cumulative return in cash reaches $111,000. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,154/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.26 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Heath Hartman • Redfin Corporation
Mls Name: NTREIS
Mls ID: #21044810