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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 620 Timberoaks Dr, Azle, TX, 76020 priced at $350,000 converts $3,779/mo rent into $1,290/mo cash flow after a $1,713/mo obligation. Total monthly income equals $3,779/mo, and annual cash flow totals $15,482/yr on $116,025 invested. Return on cash invested prints 33.25% in year one, and rental yield reads 12.96% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 175.63% and total cumulative return in cash sums $203,774. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,779/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 2001
8,450 sqft 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 |
|---|---|---|
| 2024-07-28 | Listed for sale | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $4719.25 | 31.92% | $339,848 | 17.79% |
| 2022-08-14 | $3577.36 | 4.66% | $288,520 | -1.41% |
| 2021-08-14 | $3418.14 | 5.50% | $292,656 | 18.07% |
Listed by: Steven Bradbury • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20680565
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.
