402 Silver Acres Rd, Azle, TX, 76020 | $229/mo Cash Flow

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402 Silver Acres Rd, Azle, TX, 76020 | $229/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Azle at 402 Silver Acres Rd, Azle, TX, 76020 at $350,000 posts ROI 22.28% with $229/mo cash flow from $2,718/mo rent. Total monthly income equals $2,718/mo, and annual cash flow records $2,750/yr on $116,025 to close. Return on cash invested measures 22.28% and rental yield reads 9.32% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 116.79% and total cumulative return in cash totals $135,506.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,718/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Manufactured

Built in 1999

2.67 Acres lot

$N/A/sqft

No HOA

More details about the property

Looking for the perfect location for your own mini ranch or to build your dream home? This 2.67 acres with double-wide mobile home is the perfect location! These 3 bedroom, 3 bathroom home includes and open floorplan with wood- burning fireplace. The oversized primary bedroom has sitting area and double bathrooms connected by the walk-in closet. It boasts double doors entering the bedroom and double French doors to the back deck. The large kitchen features lots of cabinets, plenty of counterspace and a kitchen island. The split floorplan has 2 additional bedrooms and an additional bathroom. The large laundry room has room for full sized washer and dryer, as well as room for an additional refrigerator or freezer. The home has two decks, one large deck in the front of the house as well as a private deck off the primary bedroom. Outside, you will find an over-sized 30 x 30 garage. The entire property is fenced and cross fenced and gated. The level treed property is completely encircled by Silver Acres, Middle and W Roads, Making it it's own little island, sharing NO property lines with neighbors and access to all sides of the property. The owner spent over $43.000 in Nov 2023 for a brand new well to the Trinity Aqueduct and a new roof was installed April 2023. You will love the peaceful tranquility with NO HOA, outside city limits and you will benefit from having your own well and septic -no water or sewer bill! Feel like you are in the country while only 30minutes to Fort Worth! Schedule Your Private Tour Today!

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