85 Village Bend RdMineral WellsTX76067
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Mineral Wells at 85 Village Bend Rd, Mineral Wells, TX, 76067 with 5% annual appreciation on a $264,900 basis while $1,789/mo rent supports operations. 61% in year one. Equity gained on principal adds $1,709/yr, and five-year appreciation sums $73,187 alongside rental yield of 8.1%. Five-year ROI measures 97.07% and total cumulative return in cash totals $85,244. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,789/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2022
1.79 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
8,713
Single Family
8,220
Multi-Family
493
Businesses
676
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Nearby investment properties with comparable prices
Listed by: James M Grubbs • Summers Cook & Company
Mls Name: LGVBOARD
Mls Provider:
Mls ID: #20244240
Disclaimer: Copyright 2024 Longview Area Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.