7070 Briar RdAzleTX76020
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Azle at 7070 Briar Rd, Azle, TX, 76020 priced at $899,900 converts $4,381/mo rent into after a $4,405/mo obligation. Total monthly income equals $4,381/mo. Return on cash invested prints 11.22% in year one, and rental yield reads 5.84% against a $899,900 entry. Equity gained on principal adds $5,807/yr, while 5% annual appreciation compiles into $248,626 by year five. Five-year ROI reaches 57.64% and total cumulative return in cash sums $170,656. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,381/mo property income covering a $4,405/mo payment, not borrower’s personal income.
Single Family
Built in 1989
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76020, Azle, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,293
Single Family
13,691
Multi-Family
602
Businesses
598
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Listed by: Rachel Robertson • The Mosaic Agency, LLC
Mls Name: NTREIS
Mls ID: #20859872
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.