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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 625 Oak View Ct, Azle, TX, 76020 priced at $257,900 converts $3,491/mo rent into $1,657/mo cash flow after a $1,262/mo obligation. Total monthly income equals $3,491/mo, and annual cash flow totals $19,888/yr on $85,494 invested. Return on cash invested prints 43.17% in year one, and rental yield reads 16.24% against a $257,900 entry. Equity gained on principal adds $1,664/yr, while 5% annual appreciation compiles into $71,253 by year five. Five-year ROI reaches 228.84% and total cumulative return in cash sums $195,642. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,491/mo property income covering a $1,262/mo payment, not borrower’s personal income.
Single Family
Built in 2000
6,882 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 |
|---|---|---|
| 2024-07-31 | Price change | $257,900 |
| 2024-07-19 | Price change | $269,900 |
| 2024-07-08 | Price change | $279,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $2117.35 | -1.65% | $280,898 | 14.98% |
| 2022-08-14 | $2152.88 | 6.35% | $244,303 | 23.77% |
| 2021-08-14 | $2024.31 | 4.30% | $197,390 | 5.21% |
Listed by: Steve Barnes • Lake Kiowa Premiere
Mls Name: NTREIS
Mls ID: #20654747
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.
