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% |
Investment property for sale in Mineral Wells at 613 NW 8th St, Mineral Wells, TX, 76067 listed at $199,000 pairs $1,884/mo rent with a $974/mo payment to leave $469/mo cash flow. Total monthly income runs $1,884/mo, and annual cash flow reaches $5,627/yr on $65,969 cash to close. Return on cash invested measures 28.44% in year one, and rental yield registers 11.36% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 149.79% and total cumulative return in cash totals $98,814. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,884/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
5,227 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 |
|---|---|---|
| 2024-10-03 | Listed for sale | $199,000 |
| 2024-09-10 | Listing removed | $199,000 |
| 2024-09-10 | Price change | $199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $205.44 | 15.35% | $21,690 | 176.66% |
| 2023-02-12 | $178.10 | -5.90% | $7,840 | 1.42% |
| 2022-02-12 | $189.27 | -11.52% | $7,730 | N/A |
Listed by: Stacy Cato • PerFit Realty LLC
Mls Name: NTREIS
Mls ID: #20545608
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.
