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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 5705 N Highway 281, Mineral Wells, TX, 76067 earns $339/mo cash flow from $3,041/mo rent with a $1,860/mo payment. Total monthly income totals $3,041/mo, and annual cash flow totals $4,064/yr on $125,970 capital. ROI tracks 23.14% on current figures, and rental yield reads 9.6% at a $379,999 purchase. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 over five years. Five-year ROI reaches 121.36% and total cumulative return in cash sums $152,880. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,041/mo property income instead of your personal income.
Single Family
Built in 1968
3.74 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 |
|---|---|---|
| 2024-08-28 | Listed for sale | $379,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-04 | $3127.71 | 212.96% | $248,550 | 3.42% |
| 2022-09-04 | $999.39 | -2.14% | $240,320 | 44.53% |
| 2021-09-04 | $1021.24 | 2.36% | $166,280 | 25.00% |
Listed by: Margaret Terry • SOURCE 1 REAL ESTATE - Mineral Wells
Mls Name: NTREIS
Mls ID: #20712928
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.
