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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 604 NE 39th Ave, Mineral Wells, TX, 76067 earns $401/mo cash flow from $1,843/mo rent with a $905/mo payment. Total monthly income totals $1,843/mo, and annual cash flow totals $4,810/yr on $61,294 capital. ROI tracks 27.76% on current figures, and rental yield reads 11.96% at a $184,900 purchase. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 over five years. Five-year ROI reaches 147.04% and total cumulative return in cash sums $90,127. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,843/mo property income instead of your personal income.
Single Family
Built in 1983
8,581 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 |
|---|---|---|
| 2025-03-25 | Listed for sale | $184,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-25 | $4596.56 | 8.50% | $210,510 | 12.87% |
| 2023-03-25 | $4236.60 | 342.17% | $186,500 | N/A |
| 2022-03-25 | $958.13 | -1.78% | $186,500 | 32.75% |
Listed by: Steven Hayden • eList REO, LLC
Mls Name: NTREIS
Mls ID: #20881204
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.
