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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 617 Alfred Dr, Azle, TX, 76020 with 5% annual appreciation on a $235,000 basis while $2,326/mo rent supports operations. Total monthly income totals $2,326/mo and a $1,150/mo payment preserves $655/mo for cash returns. Annual cash flow comes to $7,861/yr on $77,903 deployed, and return on cash invested reaches 30% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 11.88%. Five-year ROI measures 158.22% and total cumulative return in cash totals $123,256.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,326/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
0.28 Acres 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 |
|---|---|---|
| 2025-06-07 | Listed for sale | $235,000 |
| 2023-02-17 | Listing removed | N/A |
| 2023-02-14 | Listed for rent | $1,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-08 | $3695.15 | 1.60% | $223,509 | -0.39% |
| 2023-06-08 | $3636.83 | -18.92% | $224,374 | 10.14% |
| 2022-06-08 | $4485.35 | 37.34% | $203,718 | 54.77% |
Listed by: Marisol Gallegos • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20961744
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.
