501 Circle RdMineral WellsTX76067
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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
Investment property for sale in Mineral Wells at 501 Circle Rd, Mineral Wells, TX, 76067 at $214,000 posts ROI 18.53% with from $1,440/mo rent. Total monthly income equals $1,440/mo. Return on cash invested measures 18.53% and rental yield reads 8.07% at the current $214,000. Equity gained on principal adds $1,381/yr, and 5% annual appreciation supports $59,124 by year five. Five-year ROI prints 96.69% and total cumulative return in cash totals $68,591. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,440/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
0.31 Acres 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
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Listed by: Jenna Sims • Cornerstone Home and Ranch
Mls Name: NTREIS
Mls ID: #20580308
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.