2609 Millsap HwyMineral WellsTX76067
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Brockman • Bang Realty
Mls Name: My State MLS
Mls ID: #11368629