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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 128 Mays St, Wharton, TX, 77488 listed at $185,000 pairs $1,813/mo rent with a $905/mo payment to leave $498/mo cash flow. Total monthly income runs $1,813/mo, and annual cash flow reaches $5,975/yr on $61,328 cash to close. Return on cash invested measures 29.65% in year one, and rental yield registers 11.76% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 156.27% and total cumulative return in cash totals $95,835. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,813/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
0.40 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 |
|---|---|---|
| 2024-11-26 | Price change | $185,000 |
| 2024-11-18 | Price change | $195,000 |
| 2024-11-10 | Price change | $205,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-27 | $1795.58 | -22.70% | $133,833 | 10.00% |
| 2022-12-27 | $2322.92 | -0.44% | $121,666 | 10.00% |
| 2021-12-27 | $2333.29 | 10.00% | $110,605 | 10.00% |
Listed by: Allison Melton • HomeSmart
Mls Name: HAR
Mls Provider:
Mls ID: #26344891
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