800 Red Oak CtAzleTX76020
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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
Investment property for sale in Azle at 800 Red Oak Ct, Azle, TX, 76020 listed at $223,000 pairs $1,819/mo rent with a $1,091/mo payment to leave $234/mo cash flow. Total monthly income runs $1,819/mo, and annual cash flow reaches $2,804/yr on $73,925 cash to close. Return on cash invested measures 23.7% in year one, and rental yield registers 9.79% at a $223,000 basis. Equity gained on principal adds $1,439/yr, and annual property appreciation at 5% supports $61,611 by year five. Five-year ROI tracks 124.41% and total cumulative return in cash totals $91,973. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,819/mo property income relative to a $1,091/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
9,757 sqft 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: Theresa Fernandez • Century 21 Alliance Properties
Mls Name: NTREIS
Mls ID: #20655186
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