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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 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 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 |
|---|---|---|
| 2025-05-15 | Listed for sale | $225,000 |
| 2023-09-20 | Sold | N/A |
| 2023-08-25 | Pending sale | $226,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-15 | N/A | N/A | $235,190 | N/A |
| 2023-05-15 | $1141.67 | 52.93% | $235,190 | 70.09% |
| 2022-05-15 | $746.51 | -3.06% | $138,270 | N/A |
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.
