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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% |
Investment property for sale in Azle at 412 Basalt Dr, Azle, TX, 76020 offers a 9.37% rental yield on a $439,561 purchase with $3,433/mo rent. Total monthly income registers $3,433/mo, and a $2,151/mo payment leaves $249/mo available for distribution. Annual cash flow reaches $2,992/yr on $145,714 to close, and return on cash invested stands at 21.96% in year one. Equity gained on principal adds $2,836/yr while 5% annual appreciation supports $121,443 over five years. Portfolio math shows five-year ROI at 115.25% and total cumulative return in cash at $167,932. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,433/mo property income against a $2,151/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.25 Acres lot
$N/A/sqft
$700 annually 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 |
|---|---|---|
| 2025-05-23 | Price change | $439,561 |
| 2025-02-21 | Price change | $461,561 |
| 2024-11-23 | Price change | $479,673 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $1166.02 | 4.68% | $52,500 | N/A |
| 2023-07-01 | $1113.92 | N/A | $52,500 | N/A |
Listed by: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #20690051
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.
