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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 332 Ash Creek Dr W, Azle, TX, 76020 priced at $425,000 pairs $3,178/mo rent with $156/mo cash flow after a $2,080/mo payment. Total monthly income equals $3,178/mo, and annual cash flow comes to $1,871/yr on $140,888 invested. Return on cash invested is 21.24% in year one, and rental yield stands at 8.97% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 111.16% and total cumulative return in cash reaches $156,617. For financing, Ziffy Mortgage’s DSCR program evaluates $3,178/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
1.27 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 |
|---|---|---|
| 2025-04-03 | Listed for sale | $425,000 |
| 2024-06-27 | Sold | N/A |
| 2024-06-02 | Pending sale | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $2185.89 | 282.04% | $338,980 | N/A |
| 2023-04-03 | $572.16 | -0.69% | $338,980 | 187.66% |
| 2022-04-03 | $576.15 | 2.38% | $117,840 | N/A |
Listed by: Chris Reeves • Trinity Group Realty
Mls Name: NTREIS
Mls ID: #20880379
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.
