Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mineral Wells at 612 SW 15th Ave, Mineral Wells, TX, 76067 generates $1,026/mo in rent, after a $661/mo payment. Total monthly income is $1,026/mo. Return on cash invested sits at 19.61% in year one, and rental yield is 9.12% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 103.21% and total cumulative return in cash sums $46,189. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,026/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
0.65 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 |
|---|---|---|
| 2025-01-05 | Listed for sale | $135,000 |
| 2009-11-22 | Listing removed | $24,000 |
| 2009-10-24 | Listed for sale | $24,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $3164.21 | 15.35% | $162,530 | 34.59% |
| 2023-02-12 | $2743.22 | -7.23% | $120,760 | N/A |
| 2022-02-12 | $2956.86 | 14.27% | $120,760 | 29.14% |
Listed by: LaTisha Grant • BOURQUIN REALTY
Mls Name: NTREIS
Mls ID: #20808222
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.
