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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 98 Shady Oaks Ct, Mineral Wells, TX, 76067 generates $1,800/mo in rent, after a $1,713/mo payment. Total monthly income is $1,800/mo. Return on cash invested sits at 12.78% in year one, and rental yield is 6.17% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 65.88% and total cumulative return in cash sums $76,410. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Manufactured
Built in 2001
5.17 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 |
|---|---|---|
| 2025-06-19 | Listed for sale | $349,900 |
| 2023-12-13 | Listing removed | N/A |
| 2023-11-04 | Price change | $329,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-19 | $4063.82 | 80.49% | $306,670 | 84.67% |
| 2023-06-19 | $2251.51 | -11.51% | $166,060 | N/A |
| 2022-06-19 | $2544.27 | 50.12% | $166,060 | 71.73% |
Listed by: Jenna Sims • Cornerstone Home and Ranch
Mls Name: NTREIS
Mls ID: #20974488
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.
