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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 Mineral Wells at 700 NW 17th St, Mineral Wells, TX, 76067 listed at $489,900 pairs $1,837/mo rent with a $2,398/mo payment. Total monthly income runs $1,837/mo. Return on cash invested measures 6.57% in year one, and rental yield registers 4.5% at a $489,900 basis. Equity gained on principal adds $3,161/yr, and annual property appreciation at 5% supports $135,350 by year five. Five-year ROI tracks 32.94% and total cumulative return in cash totals $53,501. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,837/mo property income relative to a $2,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.97 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 |
|---|---|---|
| 2025-01-08 | Price change | $489,900 |
| 2024-11-22 | Price change | $499,999 |
| 2024-11-21 | Listed for sale | $539,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $10038.81 | -3.88% | $459,750 | N/A |
| 2023-02-12 | $10443.85 | 31.85% | $459,750 | 42.11% |
| 2022-02-12 | $7921.30 | 20.77% | $323,510 | 36.48% |
Listed by: Jenna Sims • Cornerstone Home and Ranch
Mls Name: NTREIS
Mls ID: #20730527
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.
