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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 303 SW 14th St, Mineral Wells, TX, 76067 offers $1,937/mo rent that, after a $729/mo payment, leaves $867/mo cash flow. Total monthly income is $1,937/mo, and annual cash flow is $10,409/yr on $49,394 cash. Return on cash invested measures 40.98% in year one, and rental yield stands at 15.6% at a $149,000 entry. Equity gained on principal adds $961/yr while 5% annual appreciation compounds into $41,166 by year five. Five-year ROI records 217.23% and total cumulative return in cash reaches $107,296. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,937/mo property income versus a $729/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
4,791 sqft 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 |
|---|---|---|
| 2024-07-29 | Price change | $149,000 |
| 2024-07-03 | Price change | $169,997 |
| 2024-05-28 | Price change | $169,998 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $2597.27 | 10.62% | $183,880 | 11.96% |
| 2023-12-27 | $2347.90 | -16.29% | $164,240 | 0.72% |
| 2022-12-27 | $2804.91 | -8.35% | $163,060 | 33.25% |
Listed by: Carmen Murillo-Williams • RJ Williams & Company RE LLC
Mls Name: NTREIS
Mls ID: #20395606
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.
