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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 Mineral Wells at 1005 Miller Dr, Mineral Wells, TX, 76067 with 5% annual appreciation on a $277,000 basis while $2,196/mo rent supports operations. Total monthly income totals $2,196/mo and a $1,356/mo payment preserves $226/mo for cash returns. Annual cash flow comes to $2,712/yr on $91,826 deployed, and return on cash invested reaches 22.86% in year one. Equity gained on principal adds $1,787/yr, and five-year appreciation sums $76,530 alongside rental yield of 9.51%. Five-year ROI measures 119.88% and total cumulative return in cash totals $110,079.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,196/mo property income versus a $1,356/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
10,280 sqft 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 |
|---|---|---|
| 2025-03-28 | Listed for sale | $277,000 |
| 2023-09-13 | Sold | N/A |
| 2023-08-02 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-28 | $2295.56 | 22.73% | $247,110 | 29.89% |
| 2023-03-28 | $1870.43 | -34.81% | $190,240 | N/A |
| 2022-03-28 | $2869.34 | 65.46% | $190,240 | 19.39% |
Listed by: Dana Gopffarth • Marr Realty
Mls Name: NTREIS
Mls ID: #20882003
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.
