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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 58 Roberts Rd, Mineral Wells, TX, 76067 with 5% annual appreciation on a $219,900 basis while $1,440/mo rent supports operations. 88% in year one. Equity gained on principal adds $1,419/yr, and five-year appreciation sums $60,754 alongside rental yield of 7.86%. Five-year ROI measures 93.18% and total cumulative return in cash totals $67,924. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,440/mo property income versus a $1,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.33 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Margaret Terry • SOURCE 1 REAL ESTATE - Mineral Wells
Mls Name: NTREIS
Mls ID: #21071979
