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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 304 SE 19th St, Mineral Wells, TX, 76067 listed at $187,000 pairs $1,747/mo rent with a $915/mo payment to leave $417/mo cash flow. Total monthly income runs $1,747/mo, and annual cash flow reaches $5,010/yr on $61,991 cash to close. Return on cash invested measures 27.99% in year one, and rental yield registers 11.21% at a $187,000 basis. Equity gained on principal adds $1,207/yr, and annual property appreciation at 5% supports $51,665 by year five. Five-year ROI tracks 147.42% and total cumulative return in cash totals $91,386. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,747/mo property income relative to a $915/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
7,187 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 |
|---|---|---|
| 2025-07-10 | Listed for sale | $187,000 |
| 2021-12-06 | Sold | N/A |
| 2021-11-07 | Contingent | $175,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-11 | $2740.87 | 8.18% | $170,740 | 8.46% |
| 2023-07-11 | $2533.71 | -24.67% | $157,420 | N/A |
| 2022-07-11 | $3363.43 | 68.71% | $157,420 | 59.24% |
Listed by: Oliver Stephens • Live Dallas Realty, INC
Mls Name: NTREIS
Mls ID: #20995705
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.
