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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 1416 SW 5th Ave, Mineral Wells, TX, 76067 offers a 11.95% rental yield on a $242,500 purchase with $2,414/mo rent. Total monthly income registers $2,414/mo, and a $1,187/mo payment leaves $525/mo available for distribution. Annual cash flow reaches $6,304/yr on $80,389 to close, and return on cash invested stands at 27.75% in year one. Equity gained on principal adds $1,565/yr while 5% annual appreciation supports $66,998 over five years. Portfolio math shows five-year ROI at 147.01% and total cumulative return in cash at $118,183. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,414/mo property income against a $1,187/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
0.31 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 |
|---|---|---|
| 2025-02-07 | Listed for sale | $242,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $5995.66 | 411.71% | $319,800 | 3.16% |
| 2023-02-12 | $1171.69 | -24.14% | $310,000 | 47.87% |
| 2022-02-12 | $1544.64 | -11.26% | $209,650 | 44.12% |
Listed by: Danielle Ford • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20822247
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.
