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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 740 High Crest Dr, Azle, TX, 76020 with 5% annual appreciation on a $279,950 basis while $2,369/mo rent supports operations. Total monthly income totals $2,369/mo and a $1,370/mo payment preserves $378/mo for cash returns. Annual cash flow comes to $4,541/yr on $92,803 deployed, and return on cash invested reaches 24.8% in year one. Equity gained on principal adds $1,806/yr, and five-year appreciation sums $77,345 alongside rental yield of 10.15%. Five-year ROI measures 130.32% and total cumulative return in cash totals $120,941.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,369/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
9,016 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 |
|---|---|---|
| 2025-05-09 | Listed for sale | $279,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-09 | $3953.51 | 15.28% | $248,980 | 4.47% |
| 2023-05-09 | $3429.37 | -19.58% | $238,327 | 7.60% |
| 2022-05-09 | $4264.48 | 4.39% | $221,491 | 10.06% |
Listed by: Carrie Rush • JPAR Fort Worth
Mls Name: NTREIS
Mls ID: #20918801
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.
