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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 3501 NE 10th St, Mineral Wells, TX, 76067 offers a 11.52% rental yield on a $195,700 purchase with $1,879/mo rent. Total monthly income registers $1,879/mo, and a $958/mo payment leaves $451/mo available for distribution. Annual cash flow reaches $5,414/yr on $64,875 to close, and return on cash invested stands at 28.25% in year one. Equity gained on principal adds $1,263/yr while 5% annual appreciation supports $54,068 over five years. Portfolio math shows five-year ROI at 149.11% and total cumulative return in cash at $96,734. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,879/mo property income against a $958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
7,448 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 |
|---|---|---|
| 2025-08-30 | Listing removed | $200,000 |
| 2025-07-30 | Listed for sale | $200,000 |
| 2025-07-28 | Contingent | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-28 | N/A | N/A | $178,160 | 5.66% |
| 2024-10-28 | $3681.66 | 5.04% | $168,610 | 9.27% |
| 2023-10-28 | $3505.15 | 171.20% | $154,300 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
