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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 Wharton at 0 FM 640, Wharton, TX, 77488 offers a 2.9% rental yield on a $880,000 purchase with $2,128/mo rent. 94% in year one. Equity gained on principal adds $5,679/yr while 5% annual appreciation supports $243,128 over five years. Portfolio math shows five-year ROI at 13.05% and total cumulative return in cash at $37,796. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,128/mo property income against a $4,307/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
44 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77488, Wharton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,388 (100%) |
| Owner Occupied HU | 3,523 (55.2%) |
| Renter Occupied HU | 2,014 (31.5%) |
| Vacant Housing Units | 851 (13.3%) |
| Median Home Value | $198,776 |
| Average Home Value | $280,270 |
Residential
5,877
Single Family
4,986
Multi-Family
891
Businesses
696
Date | Event | Price |
|---|---|---|
| 2024-12-10 | Listed for sale | $880,000 |
| 2022-02-08 | Listing removed | N/A |
| 2021-12-13 | Pending sale | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Joan Culpepper • Keller Williams Heritage
Mls Name: SABOR
Mls Provider:
Mls ID: #1828395
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.
