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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 1300 N Oak Ave, Mineral Wells, TX, 76067 offers a 12.68% rental yield on a $158,200 purchase with $1,672/mo rent. Total monthly income registers $1,672/mo, and a $774/mo payment leaves $459/mo available for distribution. Annual cash flow reaches $5,505/yr on $52,443 to close, and return on cash invested stands at 30.41% in year one. Equity gained on principal adds $1,021/yr while 5% annual appreciation supports $43,708 over five years. Portfolio math shows five-year ROI at 161.11% and total cumulative return in cash at $84,492. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,672/mo property income against a $774/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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 |
|---|---|---|
| 2025-10-14 | Listing removed | $165,000 |
| 2025-09-19 | Price change | $165,000 |
| 2025-09-13 | Price change | $169,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-30 | N/A | N/A | $194,450 | N/A |
| 2024-10-30 | $3689.57 | 15.35% | $194,450 | 38.09% |
| 2023-10-30 | $3198.69 | -7.23% | $140,810 | N/A |
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A
