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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 7220 Jay Ln, Azle, TX, 76020 listed at $359,900 pairs $2,582/mo rent with a $1,762/mo payment to leave $22/mo cash flow. Total monthly income runs $2,582/mo, and annual cash flow reaches $267/yr on $119,307 cash to close. Return on cash invested measures 20.13% in year one, and rental yield registers 8.61% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 105.28% and total cumulative return in cash totals $125,606. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,582/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.34 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 |
|---|---|---|
| 2025-03-20 | Listed for sale | $359,900 |
| 2011-11-03 | Sold | N/A |
| 2011-07-16 | Price change | $119,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-20 | $1866.15 | 14.09% | $283,699 | -6.93% |
| 2023-03-20 | $1635.67 | -32.16% | $304,814 | 3.66% |
| 2022-03-20 | $2411.08 | 2.37% | $294,056 | 31.14% |
Listed by: Tim Allread • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #20877471
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.
