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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% |
Rental property for sale in Mineral Wells at 6505 Shadowview Ct, Mineral Wells, TX, 76067 generates $2,449/mo in rent and, after a $1,449/mo payment, leaves $344/mo in cash flow. Total monthly income is $2,449/mo, and annual cash flow is $4,126/yr on $98,124 invested. Return on cash invested sits at 24.11% in year one, and rental yield is 9.93% on a $296,000 entry. Equity gained on principal adds $1,910/yr, while 5% annual appreciation builds toward $81,779 over five years. Five-year ROI reaches 126.59% and total cumulative return in cash sums $124,216. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,449/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
7,143 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 |
|---|---|---|
| 2024-10-02 | Price change | $296,000 |
| 2024-09-30 | Listed for sale | $304,999 |
| 2024-09-07 | Listing removed | $304,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $2625.58 | 12.23% | $252,490 | N/A |
| 2023-12-27 | $2339.54 | -15.94% | $252,490 | 29.37% |
| 2022-12-27 | $2783.16 | -1.49% | $195,170 | N/A |
Listed by: Dana Gopffarth • Marr Realty
Mls Name: NTREIS
Mls ID: #20689099
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.
