816 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 816 Red Oak Ct, Azle, TX, 76020 uses $74,588 cash to close to unlock $4,923/yr annual cash flow and $410/mo monthly cash flow. Total monthly income runs $2,010/mo, and a $1,101/mo payment keeps the spread at $410/mo. Purchase price stands at $225,000, and rental yield measures 10.72% with $2,010/mo rent. Return on cash invested shows 26.51% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 139.5% and total cumulative return in cash records $104,049. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,010/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1992
8,363 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: Stephanie Kahan • Stephanie Kahan Real Estate
Mls Name: NTREIS
Mls ID: #20936950
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.