Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1803 SE 13th St, Mineral Wells, TX, 76067 offers a 12% rental yield on a $212,000 purchase with $2,120/mo rent. Total monthly income registers $2,120/mo, and a $1,038/mo payment leaves $591/mo available for distribution. Annual cash flow reaches $7,086/yr on $70,278 to close, and return on cash invested stands at 29.99% in year one. Equity gained on principal adds $1,368/yr while 5% annual appreciation supports $58,572 over five years. Portfolio math shows five-year ROI at 158.28% and total cumulative return in cash at $111,235. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,120/mo property income against a $1,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
9,583 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 |
|---|---|---|
| 2024-10-02 | Price change | $212,000 |
| 2024-09-30 | Listed for sale | $215,500 |
| 2024-09-22 | Listing removed | $215,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-22 | $3778.64 | 4.53% | $166,340 | 12.67% |
| 2022-10-22 | $3615.04 | 1.28% | $147,640 | 14.47% |
| 2021-10-22 | $3569.18 | 20.17% | $128,980 | 27.21% |
Listed by: Danielle Ford • eXp Realty, LLC
Mls Name: NTREIS
Mls ID: #20717303
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.
