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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 8696 Palo Pinto Hwy, Mineral Wells, TX, 76067 listed at $165,000 pairs $1,448/mo rent with a $808/mo payment to leave $274/mo cash flow. Total monthly income runs $1,448/mo, and annual cash flow reaches $3,291/yr on $54,698 cash to close. Return on cash invested measures 25.93% in year one, and rental yield registers 10.53% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 136.39% and total cumulative return in cash totals $74,603. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,448/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2000
0.32 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 |
|---|---|---|
| 2025-04-14 | Listed for sale | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-14 | $270.62 | 6.73% | $79,720 | 19.06% |
| 2023-04-14 | $253.55 | 6.88% | $66,960 | 1.06% |
| 2022-04-14 | $237.23 | -1.59% | $66,260 | 42.80% |
Listed by: LaTisha Grant • BOURQUIN REALTY
Mls Name: NTREIS
Mls ID: #20899184
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.
