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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 732 High Crest Dr, Azle, TX, 76020 generates $2,534/mo in rent and, after a $1,468/mo payment, leaves $401/mo in cash flow. Total monthly income is $2,534/mo, and annual cash flow is $4,812/yr on $99,450 invested. Return on cash invested sits at 24.75% in year one, and rental yield is 10.14% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 129.98% and total cumulative return in cash sums $129,264. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,534/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
8,881 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 |
|---|---|---|
| 2024-12-16 | Listed for sale | $300,000 |
| 2014-09-19 | Sold | N/A |
| 2014-07-10 | Listed for sale | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $4478.65 | 15.64% | $300,606 | -6.14% |
| 2023-12-27 | $3872.96 | -17.86% | $320,268 | 25.78% |
| 2022-12-27 | $4715.11 | 5.38% | $254,623 | 16.85% |
Listed by: James Williams • MARK SPAIN REAL ESTATE
Mls Name: NTREIS
Mls ID: #20794622
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.
