2111 SE 19th StMineral WellsTX76067
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Mineral Wells at 2111 SE 19th St, Mineral Wells, TX, 76067 uses $66,300 cash to close to unlock $4,112/yr annual cash flow and $343/mo monthly cash flow. Total monthly income runs $1,765/mo, and a $979/mo payment keeps the spread at $343/mo. Purchase price stands at $200,000, and rental yield measures 10.59% with $1,765/mo rent. Return on cash invested shows 26.11% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 137.33% and total cumulative return in cash records $91,052. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,765/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1951
7,448 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natasha Chavez • Real Broker, LLC
Mls Name: NTREIS
Mls ID: #21030403