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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 366 Twin Oaks Rd, Mineral Wells, TX, 76067 listed at $169,000 pairs $3,508/mo rent with a $827/mo payment to leave $2,306/mo cash flow. Total monthly income runs $3,508/mo, and annual cash flow reaches $27,677/yr on $56,024 cash to close. Return on cash invested measures 69.31% in year one, and rental yield registers 24.91% at a $169,000 basis. Equity gained on principal adds $1,091/yr, and annual property appreciation at 5% supports $46,692 by year five. Five-year ROI tracks 369.03% and total cumulative return in cash totals $206,743. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,508/mo property income relative to a $827/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
1.26 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 |
|---|---|---|
| 2024-08-08 | Listed for sale | $169,000 |
| 2022-08-18 | Listing removed | N/A |
| 2022-06-14 | Listed for rent | $1,420 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $2117.48 | -7.99% | $126,210 | 2.25% |
| 2022-08-14 | $2301.24 | 34.97% | $123,430 | 50.52% |
| 2021-08-14 | $1705.05 | -7.09% | $82,000 | N/A |
Listed by: Lucy Knox • Keller Williams Lonestar DFW
Mls Name: NTREIS
Mls ID: #20697675
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.
