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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% |
Investment property for sale in Azle at 708 Stribling Cir, Azle, TX, 76020 with 5% annual appreciation on a $277,000 basis while $2,196/mo rent supports operations. Total monthly income totals $2,196/mo and a $1,356/mo payment preserves $226/mo for cash returns. Annual cash flow comes to $2,712/yr on $91,826 deployed, and return on cash invested reaches 22.86% in year one. Equity gained on principal adds $1,787/yr, and five-year appreciation sums $76,530 alongside rental yield of 9.51%. Five-year ROI measures 119.88% and total cumulative return in cash totals $110,079.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,196/mo property income versus a $1,356/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
4,922 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 |
|---|---|---|
| 2024-10-14 | Price change | $277,000 |
| 2024-09-30 | Listed for sale | $279,900 |
| 2024-08-27 | Listing removed | $279,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $3436.23 | -19.56% | $247,789 | 0.30% |
| 2022-10-23 | $4271.78 | 4.40% | $247,049 | 37.74% |
| 2021-10-23 | $4091.74 | 0.70% | $179,357 | 11.31% |
Listed by: Marlene Bone • KINGDOM Real Estate
Mls Name: NTREIS
Mls ID: #20721820
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.
