309 Spring Valley CirAzleTX76020
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Azle at 309 Spring Valley Cir, Azle, TX, 76020 priced at $199,900 pairs $1,924/mo rent with $503/mo cash flow after a $978/mo payment. Total monthly income equals $1,924/mo, and annual cash flow comes to $6,035/yr on $66,267 invested. Return on cash invested is 29.02% in year one, and rental yield stands at 11.55% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 152.87% and total cumulative return in cash reaches $101,305. For financing, Ziffy Mortgage’s DSCR program evaluates $1,924/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
0.33 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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