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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 Wharton at 1203 Half Moon Dr, Wharton, TX, 77488 generates $2,845/mo in rent, after a $2,932/mo payment. Total monthly income is $2,845/mo. Return on cash invested sits at 11.45% in year one, and rental yield is 5.7% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 58.66% and total cumulative return in cash sums $115,606. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,845/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
6.30 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Traci Ethington • Covenant Properties Real Estate
Mls Name: HAR
Mls ID: #29669062
