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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 112 Wooded Acres Dr, Mineral Wells, TX, 76067 offers $1,440/mo rent that, after a $5,873/mo payment. Total monthly income is $1,440/mo. Return on cash invested measures -1.76% in year one, and rental yield stands at 1.44% at a $1,200,000 entry. Equity gained on principal adds $7,743/yr while 5% annual appreciation compounds into $331,538 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,440/mo property income versus a $5,873/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
5 Acres lot
$N/A/sqft
$932 annually 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 |
|---|---|---|
| 2025-03-12 | Listed for sale | $1,200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-12 | $9128.56 | 178.85% | $923,450 | 167.58% |
| 2023-03-12 | $3273.67 | 49576.32% | $345,110 | 165.47% |
| 2022-03-12 | $6.59 | -12.60% | $130,000 | 39.04% |
Listed by: N/A • Douglas Elliman Real Estate
Mls Name: NTREIS
Mls ID: #20859072
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.
