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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 605 Keel Way, Azle, TX, 76020 offers $2,616/mo rent that, after a $2,104/mo payment. Total monthly income is $2,616/mo. Return on cash invested measures 14.93% in year one, and rental yield stands at 7.3% at a $429,900 entry. Equity gained on principal adds $2,774/yr while 5% annual appreciation compounds into $118,773 by year five. Five-year ROI records 77.81% and total cumulative return in cash reaches $110,887. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,616/mo property income versus a $2,104/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.44 Acres lot
$N/A/sqft
$252 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 |
|---|---|---|
| 2025-05-16 | Listed for sale | $429,900 |
| 2024-07-18 | Listing removed | N/A |
| 2024-07-11 | Listed for rent | $3,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-17 | N/A | N/A | $399,489 | -2.49% |
| 2023-05-17 | $8692.60 | 82.66% | $409,691 | 20.51% |
| 2022-05-17 | $4758.88 | 4.06% | $339,958 | 17.93% |
Listed by: Felicia Barber • Redfin Corporation
Mls Name: NTREIS
Mls ID: #20933945
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.
