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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 2609 Millsap Hwy, Mineral Wells, TX, 76067 at $183,934 posts ROI 22.71% with $142/mo cash flow from $1,450/mo rent. Total monthly income equals $1,450/mo, and annual cash flow records $1,707/yr on $60,974 to close. Return on cash invested measures 22.71% and rental yield reads 9.46% at the current $183,934. Equity gained on principal adds $1,187/yr, and 5% annual appreciation supports $50,818 by year five. Five-year ROI prints 119.13% and total cumulative return in cash totals $72,640.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,450/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
N/A 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 |
|---|---|---|
| 2021-04-06 | Sold | N/A |
| 2021-03-25 | Pending sale | $179,000 |
| 2021-02-05 | Listed for sale | $179,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $1940.93 | 9.99% | $181,850 | 8.69% |
| 2023-02-12 | $1764.71 | -32.48% | $167,310 | 0.47% |
| 2022-02-12 | $2613.54 | 34.08% | $166,520 | 22.97% |
Listed by: Brian Brockman • Bang Realty
Mls Name: My State MLS
Mls ID: #11368629
