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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 200 NW 33rd St, Mineral Wells, TX, 76067 priced at $379,999 converts $2,488/mo rent into after a $1,860/mo obligation. Total monthly income equals $2,488/mo. Return on cash invested prints 17.87% in year one, and rental yield reads 7.86% against a $379,999 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation compiles into $104,987 by year five. Five-year ROI reaches 93.1% and total cumulative return in cash sums $117,276. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,488/mo property income covering a $1,860/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.36 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 |
|---|---|---|
| 2024-12-03 | Price change | $379,999 |
| 2024-09-18 | Price change | $383,700 |
| 2024-08-19 | Listed for sale | $389,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $5349.23 | 348.27% | $244,980 | N/A |
| 2023-02-12 | $1193.30 | -36.18% | $244,980 | N/A |
| 2022-02-12 | $1869.89 | -1.29% | $244,980 | 34.27% |
Listed by: Amy Southern • Palo Pinto Mountains Realty
Mls Name: NTREIS
Mls ID: #20706802
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.
