








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 918 Boling Ranch Rd, Azle, TX, 76020 uses $308,931 cash to close to unlock $9,195/yr annual cash flow and $766/mo monthly cash flow. Total monthly income runs $7,552/mo, and a $4,596/mo payment keeps the spread at $766/mo. Purchase price stands at $939,000, and rental yield measures 9.65% with $7,552/mo rent. Return on cash invested shows 23.04% in year one, and 5% annual appreciation builds toward $259,428 over five years. Five-year ROI reaches 120.96% and total cumulative return in cash records $373,672. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,552/mo property income covering a $4,596/mo payment rather than investor’s personal income.
Single Family
Built in 2006
2.40 Acres lot
$N/A/sqft
$1,300 annually 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 |
|---|---|---|
| 2025-03-17 | Listed for sale | $939,000 |
| 2019-02-28 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-17 | $4315.79 | 12.34% | $769,070 | N/A |
| 2023-03-17 | $3841.81 | 0.49% | $769,070 | 26.13% |
| 2022-03-17 | $3823.14 | -0.28% | $609,760 | N/A |



Listed by: Chloe Dillard • Luxe West Realty
Mls Name: NTREIS
Mls ID: #20869471
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.