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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 7552 N Highway 281, Mineral Wells, TX, 76067 generates $3,974/mo in rent, after a $6,314/mo payment. Total monthly income is $3,974/mo. Return on cash invested sits at 5.44% in year one, and rental yield is 3.7% on a $1,290,000 entry. Equity gained on principal adds $8,324/yr, while 5% annual appreciation builds toward $356,403 over five years. Five-year ROI reaches 26.4% and total cumulative return in cash sums $110,348. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,974/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
17.58 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 |
|---|---|---|
| 2024-10-28 | Price change | $1,290,000 |
| 2024-09-30 | Listed for sale | $1,300,000 |
| 2024-08-08 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $898,920 | 9.07% |
| 2023-12-27 | $2462.25 | -10.01% | $824,140 | 0.05% |
| 2022-12-27 | $2736.20 | -63.98% | $823,750 | 36.50% |
Listed by: Michael Hershenberg • Real
Mls Name: NTREIS
Mls ID: #20689733
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.
