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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% |
Total monthly income runs $2,078/mo, and a $1,463/mo payment. Purchase price stands at $299,000, and rental yield measures 8.34% with $2,078/mo rent. Return on cash invested shows 19.33% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 100.99% and total cumulative return in cash records $100,102. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,078/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.37 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 |
|---|---|---|
| 2024-07-01 | Price change | $299,000 |
| 2024-03-08 | Listed for sale | $324,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-22 | N/A | N/A | $330,720 | 3.14% |
| 2023-11-22 | N/A | N/A | $320,660 | N/A |
| 2022-11-22 | N/A | N/A | $320,660 | 33.86% |
Listed by: Margaret Terry • SOURCE 1 REAL ESTATE - Mineral Wells
Mls Name: NTREIS
Mls ID: #20327791
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.
