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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 2807 Hilley Dr, Mineral Wells, TX, 76067 at $474,900 posts ROI 23.48% with $468/mo cash flow from $3,947/mo rent. Total monthly income equals $3,947/mo, and annual cash flow records $5,618/yr on $157,429 to close. Return on cash invested measures 23.48% and rental yield reads 9.97% at the current $474,900. Equity gained on principal adds $3,064/yr, and 5% annual appreciation supports $131,206 by year five. Five-year ROI prints 123.48% and total cumulative return in cash totals $194,399.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,947/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.56 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 |
|---|---|---|
| 2024-08-02 | Listed for sale | $474,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $9107.45 | -7.17% | $400,920 | 0.06% |
| 2022-08-14 | $9810.61 | 20.61% | $400,670 | 36.31% |
| 2021-08-14 | $8134.29 | 21.10% | $293,950 | 28.19% |
Listed by: Margaret Terry • SOURCE 1 REAL ESTATE - Mineral Wells
Mls Name: NTREIS
Mls ID: #20641696
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.
