Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 315 NE 21st St, Mineral Wells, TX, 76067 generates $1,880/mo in rent and, after a $1,175/mo payment, leaves $173/mo in cash flow. Total monthly income is $1,880/mo, and annual cash flow is $2,076/yr on $79,560 invested. Return on cash invested sits at 22.52% in year one, and rental yield is 9.4% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 118.03% and total cumulative return in cash sums $93,902. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,880/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
0.92 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 |
|---|---|---|
| 2024-09-30 | Price change | $240,000 |
| 2024-09-08 | Listed for sale | $260,000 |
| 2023-11-16 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $2490.53 | -0.98% | $114,060 | 3.02% |
| 2023-02-12 | $2515.15 | -7.23% | $110,720 | N/A |
| 2022-02-12 | $2711.03 | -8.32% | $110,720 | 3.61% |
Listed by: Ulises Romano • DHS Realty
Mls Name: NTREIS
Mls ID: #20723725
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.
