503 NW 4th Ave, Mineral Wells, TX, 76067 | 5.58% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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503 NW 4th Ave, Mineral Wells, TX, 76067 | 5.58% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Mineral Wells at 503 NW 4th Ave, Mineral Wells, TX, 76067 listed at $710,000 pairs $3,304/mo rent with a $3,475/mo payment. Total monthly income runs $3,304/mo. Return on cash invested measures 11.1% in year one, and rental yield registers 5.58% at a $710,000 basis. Equity gained on principal adds $4,582/yr, and annual property appreciation at 5% supports $196,160 by year five. Five-year ROI tracks 56.78% and total cumulative return in cash totals $132,635. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,304/mo property income relative to a $3,475/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1930

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this spacious, yet charming home located in the heart of Mineral Wells, Texas, built in 1930. The home is a perfect combination of vintage character with modern conveniences. This property features four inviting bedrooms and three and a half bathrooms, offering ample space for family and guests. With two distinct living areas as well as a large bonus room upstairs, there is plenty of room to relax or entertain. The cozy breakfast nook is perfect for casual dining, while the formal dining room provides an elegant setting for special occasions. In addition, you can enjoy the convenience of a 30x40 shop equipped with its own kitchen and bathroom, ideal for hobbies, home projects, or even potential guest quarters. The carport offers shelter for your vehicles as well as a shaded place to grill and entertain, which is the perfect addition to the home's functionality. Located within walking distance to downtown, this home provides the perfect blend of peaceful residential living with easy access to local shops, restaurants, community events, and the infamous Crazy Water Hotel and Baker Hotel. Not to mention, this home is a quick 45-minute drive to Fort Worth for those that commute to work, or for those that want a night out in the stockyards. Don't miss the opportunity to make this unique property your own.

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