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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 645 Reese Loop, Azle, TX, 76020 priced at $1,197,000 pairs $2,616/mo rent with after a $5,859/mo payment. Total monthly income equals $2,616/mo. Return on cash invested is 2.13% in year one, and rental yield stands at 2.62% on a $1,197,000 basis. Equity gained on principal adds $7,724/yr, and 5% annual appreciation accumulates to $330,709 by year five. Five-year ROI measures 8.62% and total cumulative return in cash reaches $33,426. For financing, Ziffy Mortgage’s DSCR program evaluates $2,616/mo property income against a $5,859/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
6 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 |
|---|---|---|
| 2024-06-24 | Price change | $1,197,000 |
| 2024-05-27 | Listed for sale | $1,249,000 |
| 2024-05-16 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $3687.66 | 0.31% | $794,760 | 38.26% |
| 2022-08-13 | $3676.41 | 11.44% | $574,830 | 4.27% |
| 2021-08-13 | $3298.96 | 12.55% | $551,310 | 27.77% |
Listed by: Amber Sustala • Williams Trew Real Estate
Mls Name: NTREIS
Mls ID: #20626749
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.
