301 SW 14th AveMineral WellsTX76067
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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 301 SW 14th Ave, Mineral Wells, TX, 76067 at $149,000 posts ROI 69.07% with $2,024/mo cash flow from $3,083/mo rent. Total monthly income equals $3,083/mo, and annual cash flow records $24,285/yr on $49,394 to close. Return on cash invested measures 69.07% and rental yield reads 24.83% at the current $149,000. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 by year five. Five-year ROI prints 367.73% and total cumulative return in cash totals $181,636.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,083/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
4,791 sqft 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
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Listed by: Carmen Murillo-Williams • RJ Williams & Company RE LLC
Mls Name: NTREIS
Mls ID: #20395619
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.