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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 2100 SE 22nd Ave, Mineral Wells, TX, 76067 uses $74,554 cash to close to unlock $14,975/yr annual cash flow and $1,248/mo monthly cash flow. Total monthly income runs $2,923/mo, and a $1,101/mo payment keeps the spread at $1,248/mo. Purchase price stands at $224,900, and rental yield measures 15.6% with $2,923/mo rent. Return on cash invested shows 40% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 212.19% and total cumulative return in cash records $158,197. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,923/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.26 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 |
|---|---|---|
| 2024-07-14 | Listed for sale | $224,900 |
| 2020-03-20 | Sold | N/A |
| 2019-10-18 | Listing removed | $96,279 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $4640.05 | -8.68% | $204,260 | -1.57% |
| 2022-08-14 | $5080.98 | 19.48% | $207,510 | 35.03% |
| 2021-08-14 | $4252.69 | 18.88% | $153,680 | 25.84% |
Listed by: LaTisha Grant • BOURQUIN REALTY
Mls Name: NTREIS
Mls ID: #20667681
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.
