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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 2005 SE 14th Ave, Mineral Wells, TX, 76067 listed at $169,900 pairs $1,638/mo rent with a $832/mo payment to leave $424/mo cash flow. Total monthly income runs $1,638/mo, and annual cash flow reaches $5,083/yr on $56,322 cash to close. Return on cash invested measures 28.93% in year one, and rental yield registers 11.57% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 152.53% and total cumulative return in cash totals $85,910. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,638/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
9,016 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 |
|---|---|---|
| 2024-11-08 | Listed for sale | $169,900 |
| 2024-01-29 | Listing removed | N/A |
| 2024-01-02 | Price change | $177,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $2890.57 | 9.10% | $132,380 | 13.50% |
| 2023-12-27 | $2649.41 | -7.23% | $116,630 | N/A |
| 2022-12-27 | $2855.74 | 439.70% | $116,630 | 30.84% |
Listed by: Richard Gonzales • Indwell
Mls Name: NTREIS
Mls ID: #20773702
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.
