609 Keel Way, Azle, TX, 76020 | $36/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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609 Keel Way, Azle, TX, 76020 | $36/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

Rental property for sale in Azle at 609 Keel Way, Azle, TX, 76020 generates $3,229/mo in rent and, after a $2,198/mo payment, leaves $36/mo in cash flow. Total monthly income is $3,229/mo, and annual cash flow is $429/yr on $148,844 invested. Return on cash invested sits at 20.2% in year one, and rental yield is 8.63% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 105.59% and total cumulative return in cash sums $157,168. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,229/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

0.32 Acres lot

$N/A/sqft

No HOA

More details about the property

This amazing home in the desired community of OAK HARBOR ESTATES boasts and LAKE VIEW!!! this well-beautiful home situated on a pretty, HUGE lot, FRONT LAKE VIEW , 4 bedrooms, 2 and one-half bathrooms, 2-car garage ! The kitchen is a great space to prepare those special family meals! The kitchen has RICH AMAZING QUARTZ, decorative backsplash, a large island, ample cabinet storage and lots of counter space. The breakfast area overlooks the backyard oasis. ! The master suite has room for a sitting area. The other 3 bedrooms are split from the master suite and share a nice full-sized bathroom. There is also a study with a closet and French doors that could easily be a 4th bedroom. The home is designed with engineered hardwoods and tile in the heavy traffic areas and in the master suite, and carpet in the secondary bedrooms. The large covered back patio with perfect place to unwind after a long day or to seek shelter from the hot and sun. The backyard offers plenty of space for sports. entertaining and pets! Enjoy all that the community has to offer from the deer that roam freely, to the community pavilion, playground and boat dock. Close to schools, shopping , OAK HARBOR IS THE BEST SUBDIVISION IN AZLE

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