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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 2507 SE 11th St, Mineral Wells, TX, 76067 uses $80,389 cash to close to unlock $20,370/yr annual cash flow and $1,697/mo monthly cash flow. Total monthly income runs $3,422/mo, and a $1,187/mo payment keeps the spread at $1,697/mo. Purchase price stands at $242,500, and rental yield measures 16.93% with $3,422/mo rent. Return on cash invested shows 45.25% in year one, and 5% annual appreciation builds toward $66,998 over five years. Five-year ROI reaches 239.97% and total cumulative return in cash records $192,907. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,422/mo property income covering a $1,187/mo payment rather than investor’s personal income.
Single Family
Built in 1962
10,454 sqft 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 |
|---|---|---|
| 2024-08-02 | Price change | $242,500 |
| 2024-07-17 | Price change | $247,900 |
| 2024-07-05 | Listed for sale | $255,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $2892.33 | 0.13% | $185,710 | -0.98% |
| 2022-08-14 | $2888.54 | -16.68% | $187,540 | 18.38% |
| 2021-08-14 | $3466.84 | 5.16% | $158,420 | 25.72% |
Listed by: Jason St. Cyr • EXP REALTY
Mls Name: NTREIS
Mls ID: #20665561
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.
