815 SW 28th St, Mineral Wells, TX, 76067 | $378/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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815 SW 28th St, Mineral Wells, TX, 76067 | $378/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Mineral Wells at 815 SW 28th St, Mineral Wells, TX, 76067 uses $66,300 cash to close to unlock $4,532/yr annual cash flow and $378/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $979/mo payment keeps the spread at $378/mo. Purchase price stands at $199,999, and rental yield measures 10.8% with $1,800/mo rent. Return on cash invested shows 26.74% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 140.74% and total cumulative return in cash records $93,308. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $979/mo payment rather than investor’s personal income.

Single Family

Built in 2026

4,800 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming 3 Bedroom, 2 Bathroom Cottage nestled in the heart of Highland Park offers affordable and comfortable living space that's ideal for the First Time Homebuyers! Currently under construction. The beautifully designed kitchen is a true highlight, featuring stainless steel appliances, granite countertops throughout, and a spacious pantry to keep your essentials neatly organized. The added convenience of a water line to the refrigerator. The primary bedroom boasts an en-suite bathroom with a walk in shower, offering a private retreat. The charming living area flows seamlessly into the rest of the home, including a full bath with a shower tub combo, as well as a linen closet for extra storage. Youll appreciate the separate utility room thats designed for a full size washer and dryer. The home is surrounded by mature trees, providing both privacy and beauty to your space, while the concrete parking directly in front of the house adds extra convenience. This home is full of character with tile throughout, built in cabinets and a highly efficient layout that maximizes space and function. Dont miss the opportunity to own this charming gem in Highland Park. Its a perfect blend of comfort, charm, and practicality!

Neighborhood Data

Neighborhood data shown for ZIP Code: 76067, Mineral Wells, TX area.

Housing Distribution

Housing Statistics

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