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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 120 W Mulberry Ave, Wharton, TX, 77488 with 5% annual appreciation on a $275,000 basis while $1,038/mo rent supports operations. 83% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 4.53%. Five-year ROI measures 39.3% and total cumulative return in cash totals $35,831. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,038/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.34 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 |
|---|---|---|
| 2024-09-09 | Price change | $275,000 |
| 2024-08-21 | Listed for sale | $260,000 |
| 2023-09-08 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $472.08 | -9.43% | $22,500 | -6.25% |
| 2023-02-13 | $521.22 | -7.63% | $24,000 | N/A |
| 2022-02-13 | $564.27 | -3.38% | $24,000 | N/A |
Listed by: LaToya Williams • Exclusive Prime Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #21883413
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