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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 397 Flat Rock Rd, Azle, TX, 76020 generates $2,096/mo in rent, after a $1,590/mo payment. Total monthly income is $2,096/mo. Return on cash invested sits at 17.52% in year one, and rental yield is 7.74% on a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 91.24% and total cumulative return in cash sums $98,273. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,096/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1.88 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 |
|---|---|---|
| 2025-06-18 | Listed for sale | $324,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-18 | $1348.70 | 116.60% | $226,730 | N/A |
| 2023-06-18 | $622.66 | 0.91% | $226,730 | 47.77% |
| 2022-06-18 | $617.02 | 4.97% | $153,430 | N/A |
Listed by: Kay Rollins • Superior Real Estate Group
Mls Name: NTREIS
Mls ID: #20973265
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.
