205 Shattles RdMineral WellsTX76067
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Mineral Wells at 205 Shattles Rd, Mineral Wells, TX, 76067 priced at $372,600 pairs $2,333/mo rent with after a $1,824/mo payment. Total monthly income equals $2,333/mo. Return on cash invested is 16.83% in year one, and rental yield stands at 7.51% on a $372,600 basis. Equity gained on principal adds $2,404/yr, and 5% annual appreciation accumulates to $102,943 by year five. Five-year ROI measures 87.58% and total cumulative return in cash reaches $108,173. For financing, Ziffy Mortgage’s DSCR program evaluates $2,333/mo property income against a $1,824/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76067, Mineral Wells, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
8,713
Single Family
8,220
Multi-Family
493
Businesses
676
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Listed by: N/A • N/A
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