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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% |
Rental property for sale in Mineral Wells at 2530B Old Millsap Hwy, Mineral Wells, TX, 76067 priced at $1,250,000 converts $1,440/mo rent into after a $6,118/mo obligation. Total monthly income equals $1,440/mo. Return on cash invested prints -1.7% in year one, and rental yield reads 1.38% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
5.30 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 |
|---|---|---|
| 2025-04-25 | Listed for sale | $1,250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jenna Sims • Cornerstone Home and Ranch
Mls Name: NTREIS
Mls ID: #20915398
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.
