315 W Hubbard StMineral WellsTX76067
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Mineral Wells at 315 W Hubbard St, Mineral Wells, TX, 76067 priced at $125,000 converts $1,174/mo rent into $259/mo cash flow after a $612/mo obligation. Total monthly income equals $1,174/mo, and annual cash flow totals $3,108/yr on $41,438 invested. Return on cash invested prints 27.41% in year one, and rental yield reads 11.27% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 144.55% and total cumulative return in cash sums $59,897. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,174/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1923
9,975 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Bruns • Texas Hometown Real Estate Co.
Mls Name: PBBR
Mls Provider:
Mls ID: #50079761
Disclaimer: All information provided is deemed reliable but is not guaranteed and should be independently verified.