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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 2463 Sartain Rd, Mineral Wells, TX, 76067 with 5% annual appreciation on a $549,800 basis while $4,768/mo rent supports operations. Total monthly income totals $4,768/mo and a $2,691/mo payment preserves $858/mo for cash returns. Annual cash flow comes to $10,299/yr on $180,884 deployed, and return on cash invested reaches 25.75% in year one. Equity gained on principal adds $3,548/yr, and five-year appreciation sums $151,900 alongside rental yield of 10.41%. Five-year ROI measures 135.39% and total cumulative return in cash totals $244,891.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,768/mo property income versus a $2,691/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
7.72 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 |
|---|---|---|
| 2024-07-17 | Price change | $549,800 |
| 2024-05-16 | Price change | $559,900 |
| 2024-04-24 | Price change | $572,700 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $7134.99 | -12.20% | $572,620 | 16.61% |
| 2022-08-14 | $8126.41 | 17.04% | $491,070 | 28.97% |
| 2021-08-14 | $6942.99 | 6.26% | $380,770 | 23.73% |
Listed by: Val Grooms • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20556764
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.
