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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% |
Total monthly income runs $1,440/mo, and a $3,181/mo payment. Purchase price stands at $650,000, and rental yield measures 2.66% with $1,440/mo rent. Return on cash invested shows 2.21% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 9.11% and total cumulative return in cash records $19,478. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
10,497 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 |
|---|---|---|
| 2024-09-30 | Listed for sale | $650,000 |
| 2024-09-11 | Listing removed | $650,000 |
| 2024-09-04 | Listed for sale | $650,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Christy Dorr • Cornerstone Home and Ranch
Mls Name: NTREIS
Mls ID: #20720120
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.
