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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 613 Pillar, Azle, TX, 76020 offers a 10.51% rental yield on a $546,900 purchase with $4,788/mo rent. Total monthly income registers $4,788/mo, and a $2,677/mo payment leaves $899/mo available for distribution. Annual cash flow reaches $10,784/yr on $179,930 to close, and return on cash invested stands at 26.05% in year one. Equity gained on principal adds $3,529/yr while 5% annual appreciation supports $151,098 over five years. Portfolio math shows five-year ROI at 136.98% and total cumulative return in cash at $246,476. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,788/mo property income against a $2,677/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A 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 |
|---|---|---|
| 2024-07-31 | Sold | N/A |
| 2024-05-31 | Contingent | $535,900 |
| 2024-05-20 | Price change | $546,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Kenmark Homes
Mls Name: Kenmark Homes
Mls Provider:
Mls ID: #N/A
