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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 534 Christian Way, Azle, TX, 76020 offers a 9.28% rental yield on a $530,000 purchase with $4,100/mo rent. Total monthly income registers $4,100/mo, and a $2,594/mo payment leaves $331/mo available for distribution. Annual cash flow reaches $3,974/yr on $174,370 to close, and return on cash invested stands at 22.34% in year one. Equity gained on principal adds $3,420/yr while 5% annual appreciation supports $146,429 over five years. Portfolio math shows five-year ROI at 117.09% and total cumulative return in cash at $204,163. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,100/mo property income against a $2,594/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
1.62 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-02-03 | Listed for sale | $530,000 |
| 2024-12-31 | Listing removed | $550,000 |
| 2024-12-06 | Price change | $550,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-02-12 | $2018.56 | 231.34% | $386,230 | 253.08% |
| 2021-02-12 | $609.22 | 157.54% | $109,390 | 173.47% |
| 2020-02-12 | $236.55 | 197.62% | $40,000 | 192.40% |
Listed by: Kimberly Boales • Bray Real Estate-Ft Worth
Mls Name: NTREIS
Mls ID: #20834057
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.
