916 NW 5th AveMineral WellsTX76067
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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
Investment Highlights
Rental property for sale in Mineral Wells at 916 NW 5th Ave, Mineral Wells, TX, 76067 generates $1,472/mo in rent and, after a $587/mo payment, leaves $607/mo in cash flow. Total monthly income is $1,472/mo, and annual cash flow is $7,281/yr on $39,777 invested. Return on cash invested sits at 38.21% in year one, and rental yield is 14.72% on a $119,990 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,151 over five years. Five-year ROI reaches 202.38% and total cumulative return in cash sums $80,500. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,472/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
5,009 sqft 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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Listed by: Jessica Vesely • Epique Realty, LLC
Mls Name: NTREIS
Mls ID: #20987044
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.