








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 237 Overland Trl, Azle, TX, 76020 priced at $200,000 converts $2,440/mo rent into $1,018/mo cash flow after a $979/mo obligation. Total monthly income equals $2,440/mo, and annual cash flow totals $12,212/yr on $66,300 invested. Return on cash invested prints 38.33% in year one, and rental yield reads 14.64% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 202.84% and total cumulative return in cash sums $134,480. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,440/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1.56 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 |
|---|---|---|
| 2024-06-11 | Price change | $200,000 |
| 2024-05-05 | Listed for sale | $280,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $535.52 | 169.17% | $110,320 | 199.38% |
| 2022-08-13 | $198.95 | -3.06% | $36,850 | N/A |
| 2021-08-13 | $205.22 | -4.66% | $36,850 | 1.24% |



Listed by: Jenneil Baldwin • Keller Williams DFW Preferred
Mls Name: NTREIS
Mls ID: #20608343
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.