212 Mineral Wells StTerrellTX75160
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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
Investment property for sale in Terrell at 212 Mineral Wells St, Terrell, TX, 75160 uses $77,903 cash to close to unlock $2,347/yr annual cash flow and $196/mo monthly cash flow. Total monthly income runs $2,039/mo, and a $1,150/mo payment keeps the spread at $196/mo. Purchase price stands at $235,000, and rental yield measures 10.41% with $2,039/mo rent. Return on cash invested shows 22.92% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 121.19% and total cumulative return in cash records $94,408. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,039/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 2017
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75160, Terrell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 6,339 (59.2%) |
| Renter Occupied HU | 3,563 (33.3%) |
| Vacant Housing Units | 799 ( 7.5%) |
| Median Home Value | $313,227 |
| Average Home Value | $338,221 |
Housing Distribution
Address Breakdown
Residential
10,259
Single Family
8,530
Multi-Family
1,729
Businesses
1,261
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Listed by: Crystal DeBacker • EXP REALTY
Mls Name: NTREIS
Mls ID: #20986174
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.