2505 SE 13th StMineral WellsTX76067
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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 Mineral Wells at 2505 SE 13th St, Mineral Wells, TX, 76067 listed at $273,800 pairs $2,026/mo rent with a $1,340/mo payment to leave $41/mo cash flow. Total monthly income runs $2,026/mo, and annual cash flow reaches $497/yr on $90,765 cash to close. Return on cash invested measures 20.46% in year one, and rental yield registers 8.88% at a $273,800 basis. Equity gained on principal adds $1,767/yr, and annual property appreciation at 5% supports $75,646 by year five. Five-year ROI tracks 107.19% and total cumulative return in cash totals $97,290. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,026/mo property income relative to a $1,340/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.26 Acres 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
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Listed by: Brock Barron • CLARK REAL ESTATE GROUP
Mls Name: NTREIS
Mls ID: #20926054
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.