Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mineral Wells at 2396 Lamkin Rd, Mineral Wells, TX, 76067 generates $1,440/mo in rent, after a $2,080/mo payment. Total monthly income is $1,440/mo. Return on cash invested sits at 6.43% in year one, and rental yield is 4.07% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 31.78% and total cumulative return in cash sums $44,777. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
2 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 |
|---|---|---|
| 2025-05-22 | Listed for sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Joshua Shelton • Home Grown Group Realty, LLC
Mls Name: NTREIS
Mls ID: #20945142
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.
