616 Kriston Dr, Azle, TX, 76020 | $321/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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616 Kriston Dr, Azle, TX, 76020 | $321/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 616 Kriston Dr, Azle, TX, 76020 priced at $300,000 converts $2,454/mo rent into $321/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,454/mo, and annual cash flow totals $3,852/yr on $99,450 invested. Return on cash invested prints 23.78% in year one, and rental yield reads 9.82% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 124.81% and total cumulative return in cash sums $124,128. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,454/mo property income covering a $1,468/mo payment, not borrower’s personal income.

Single Family

Built in 2005

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming 3-bedroom, 2-bath home nestled in the heart of Azle. Situated on a spacious lot in an established neighborhood, this property offers comfort, convenience, and room to grow. Inside youll find an inviting open layout with a bright living area, dining space, and a well-appointed kitchen perfect for everyday living and entertaining. The primary suite features a private bath and ample closet space, while the secondary bedrooms are well-sized for family, guests, or a home office. Step outside to enjoy the large backyardideal for gatherings, pets, or future outdoor projects. Additional highlights include an attached garage, mature shade trees, and proximity to schools, shopping, dining, and Eagle Mountain Lake. With easy access to major highways, this home offers small-town charm with quick commutes to Fort Worth and surrounding areas. Property is an estate so there is no sellers disclosure or survey available. Property sold as is.

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