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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% |
Rental property for sale in Mineral Wells at 1 Fair Oaks St, Mineral Wells, TX, 76067 generates $3,013/mo in rent and, after a $2,055/mo payment, leaves $27/mo in cash flow. Total monthly income is $3,013/mo, and annual cash flow is $327/yr on $139,197 invested. Return on cash invested sits at 20.14% in year one, and rental yield is 8.61% on a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 105.33% and total cumulative return in cash sums $146,616. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,013/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76067, Mineral Wells, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,166 (100%) |
| Owner Occupied HU | 5,343 (58.3%) |
| Renter Occupied HU | 2,995 (32.7%) |
| Vacant Housing Units | 828 ( 9.0%) |
| Median Home Value | $176,632 |
| Average Home Value | $235,364 |
Residential
8,713
Single Family
8,220
Multi-Family
493
Businesses
676
Date | Event | Price |
|---|---|---|
| 2025-04-29 | Listed for sale | $419,900 |
| 2025-04-26 | Listing removed | $419,900 |
| 2025-01-13 | Price change | $419,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2019-04-30 | $4669.64 | -0.06% | $160,210 | -1.62% |
| 2018-04-30 | $4672.31 | 3.27% | $162,850 | N/A |
| 2017-04-30 | $4524.18 | -10.16% | $162,850 | -12.13% |
Listed by: Michael Greiner • My Castle Realty
Mls Name: NTREIS
Mls ID: #20919242
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.
