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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 420 Basalt Dr, Azle, TX, 76020 with 5% annual appreciation on a $429,900 basis while $3,353/mo rent supports operations. Total monthly income totals $3,353/mo and a $2,104/mo payment preserves $238/mo for cash returns. Annual cash flow comes to $2,853/yr on $142,512 deployed, and return on cash invested reaches 21.91% in year one. Equity gained on principal adds $2,774/yr, and five-year appreciation sums $118,773 alongside rental yield of 9.36%. Five-year ROI measures 114.97% and total cumulative return in cash totals $163,843.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,353/mo property income versus a $2,104/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
4,791 sqft 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 |
|---|---|---|
| 2024-12-13 | Price change | $429,900 |
| 2024-12-03 | Price change | $449,900 |
| 2024-11-25 | Price change | $468,483 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $1166.02 | 4.68% | $52,500 | N/A |
| 2023-12-27 | $1113.92 | N/A | $52,500 | N/A |
Listed by: Ben Caballero • IMP Realty
Mls Name: NTREIS
Mls ID: #20785208
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.
