








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 628 Polly Ave, Azle, TX, 76020 priced at $380,000 converts $2,729/mo rent into after a $1,860/mo obligation. Total monthly income equals $2,729/mo. Return on cash invested prints 18.94% in year one, and rental yield reads 8.62% against a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation compiles into $104,987 by year five. Five-year ROI reaches 99.33% and total cumulative return in cash sums $125,125. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,729/mo property income covering a $1,860/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.74 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 |
|---|---|---|
| 2025-08-25 | Listed for sale | $380,000 |
| 2025-03-13 | Listing removed | $415,000 |
| 2025-02-21 | Price change | $415,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-25 | $7841.76 | 135.57% | $416,647 | 165.56% |
| 2023-08-25 | $3328.81 | 65.46% | $156,891 | -56.34% |
| 2022-08-25 | $2011.85 | 5.43% | $359,357 | 34.37% |



Listed by: Kevin Riney • NE Texas Regional Realty
Mls Name: NTREIS
Mls ID: #21041279
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.