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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 573 Ascot Way, Azle, TX, 76020 priced at $420,000 converts $2,900/mo rent into after a $2,056/mo obligation. Total monthly income equals $2,900/mo. Return on cash invested prints 19.16% in year one, and rental yield reads 8.29% against a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,038 by year five. Five-year ROI reaches 100.02% and total cumulative return in cash sums $139,255. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,900/mo property income covering a $2,056/mo payment, not borrower’s personal income.
Single Family
Built in 2016
7,579 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sandra Hemmerling • RE/MAX Trinity
Mls Name: NTREIS
Mls ID: #21055435
