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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 1301 Charlotte Way, Wharton, TX, 77488 offers a 9.67% rental yield on a $200,990 purchase with $1,620/mo rent. Total monthly income registers $1,620/mo, and a $984/mo payment leaves $190/mo available for distribution. Annual cash flow reaches $2,286/yr on $66,628 to close, and return on cash invested stands at 23.34% in year one. Equity gained on principal adds $1,297/yr while 5% annual appreciation supports $55,530 over five years. Portfolio math shows five-year ROI at 122.48% and total cumulative return in cash at $81,607. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,620/mo property income against a $984/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A 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: Jared Turner • Lennar Homes Village Builders, LLC
Mls Name: HAR
Mls ID: #70794666
