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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 531 Echo Glade Ct, Azle, TX, 76020 priced at $619,000 pairs $2,616/mo rent with after a $3,030/mo payment. Total monthly income equals $2,616/mo. Return on cash invested is 9.29% in year one, and rental yield stands at 5.07% on a $619,000 basis. Equity gained on principal adds $3,994/yr, and 5% annual appreciation accumulates to $171,018 by year five. Five-year ROI measures 47.19% and total cumulative return in cash reaches $96,097. For financing, Ziffy Mortgage’s DSCR program evaluates $2,616/mo property income against a $3,030/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
2.09 Acres lot
$N/A/sqft
$250 semi-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 |
|---|---|---|
| 2024-11-20 | Price change | $619,000 |
| 2024-09-27 | Price change | $620,000 |
| 2024-09-07 | Price change | $645,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $3741.33 | 586.91% | $628,960 | 573.77% |
| 2023-02-12 | $544.66 | -7.44% | $93,350 | 1.51% |
| 2022-02-12 | $588.44 | 51.37% | $91,960 | 55.34% |
Listed by: Heather Clay • Signature Real Estate Group
Mls Name: NTREIS
Mls ID: #20539626
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.
