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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 Mingus at 621 Private Road 902, Mingus, TX, 76463 offers a 8.42% rental yield on a $379,000 purchase with $2,659/mo rent. 56% in year one. Equity gained on principal adds $2,446/yr while 5% annual appreciation supports $104,711 over five years. Portfolio math shows five-year ROI at 102.19% and total cumulative return in cash at $128,387. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,659/mo property income against a $1,855/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1980
17.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76463, Mingus, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 267 (100%) |
| Owner Occupied HU | 173 (64.8%) |
| Renter Occupied HU | 46 (17.2%) |
| Vacant Housing Units | 48 (18.0%) |
| Median Home Value | $355,882 |
| Average Home Value | $486,113 |
Residential
178
Single Family
178
Multi-Family
0
Businesses
23
Date | Event | Price |
|---|---|---|
| 2025-01-30 | Listed for sale | $379,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brandy Preuit • The Platinum Group Real Estate
Mls Name: NTREIS
Mls ID: #20830538
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.
