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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 1715 N Oak Ave, Mineral Wells, TX, 76067 priced at $261,500 pairs $2,052/mo rent with $120/mo cash flow after a $1,280/mo payment. Total monthly income equals $2,052/mo, and annual cash flow comes to $1,435/yr on $86,687 invested. Return on cash invested is 21.56% in year one, and rental yield stands at 9.42% on a $261,500 basis. Equity gained on principal adds $1,687/yr, and 5% annual appreciation accumulates to $72,248 by year five. Five-year ROI measures 113.31% and total cumulative return in cash reaches $98,228. For financing, Ziffy Mortgage’s DSCR program evaluates $2,052/mo property income against a $1,280/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
6,490 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 |
|---|---|---|
| 2025-04-18 | Listed for sale | $261,500 |
| 2023-04-06 | Listing removed | N/A |
| 2022-04-28 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $5213.50 | 15.35% | $247,880 | 24.58% |
| 2023-04-18 | $4519.87 | -7.23% | $198,970 | N/A |
| 2022-04-18 | $4871.87 | 45.34% | $198,970 | 43.59% |
Listed by: Tracy Dyhre • WILLIAM DAVIS REALTY FRISCO
Mls Name: NTREIS
Mls ID: #20901954
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.
