420 Meadowcrest Dr, Azle, TX, 76020 | $79/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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420 Meadowcrest Dr, Azle, TX, 76020 | $79/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 420 Meadowcrest Dr, Azle, TX, 76020 uses $96,732 cash to close to unlock $950/yr annual cash flow and $79/mo monthly cash flow. Total monthly income runs $2,154/mo, and a $1,428/mo payment keeps the spread at $79/mo. Purchase price stands at $291,800, and rental yield measures 8.86% with $2,154/mo rent. Return on cash invested shows 20.89% in year one, and 5% annual appreciation builds toward $80,619 over five years. Five-year ROI reaches 109.35% and total cumulative return in cash records $105,773. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,154/mo property income covering a $1,428/mo payment rather than investor’s personal income.

Single Family

Built in 1996

8,886 sqft lot

$N/A/sqft

No HOA

More details about the property

This inviting home features a kitchen that was completely updated in 2015 with eat-in island and cabinets galore. New Whirlpool appliances were added in 2016. Master bath was renovated in 2014 with separate dual vanities, a huge tiled shower, and extra long clawfoot cast iron soaking tub. The large, fenced backyard has shade trees, a wood deck and a flagstone patio area. The sparkling in-ground diving pool offers refreshing fun for your family and friends! A sprinkler system simplifies lawn care. Inside, theres a raised wood-burning fireplace to keep you cozy during chilly weather. This home has lots of large windows that provide abundant natural light. Ten foot ceilings in most rooms create an airy, spacious feel. The property has a large corner lot on a quiet street in a peaceful neighborhood. A new high efficiency Energy Star SEER 16 AC unit with smart thermostat was installed on 7-28-25 (10-10-25 warranty). **IMPORTANT: Property CANNOT BE SHOWN until September 5th! Check back for Update.

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