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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 1804 SE 12th St, Mineral Wells, TX, 76067 offers a 15.25% rental yield on a $179,400 purchase with $2,280/mo rent. Total monthly income registers $2,280/mo, and a $878/mo payment leaves $1,004/mo available for distribution. Annual cash flow reaches $12,052/yr on $59,471 to close, and return on cash invested stands at 40.17% in year one. Equity gained on principal adds $1,158/yr while 5% annual appreciation supports $49,565 over five years. Portfolio math shows five-year ROI at 212.77% and total cumulative return in cash at $126,536. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,280/mo property income against a $878/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
9,670 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Marilyn Read • PREFERRED PROPERTIES
Mls Name: NTREIS
Mls ID: #21000677
