1302 Charlotte WayWhartonTX77488
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Wharton at 1302 Charlotte Way, Wharton, TX, 77488 listed at $204,340 pairs $1,420/mo rent with a $1,000/mo payment. Total monthly income runs $1,420/mo. Return on cash invested measures 18.22% in year one, and rental yield registers 8.34% at a $204,340 basis. Equity gained on principal adds $1,319/yr, and annual property appreciation at 5% supports $56,455 by year five. Five-year ROI tracks 95.4% and total cumulative return in cash totals $64,622. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,420/mo property income relative to a $1,000/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
$750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77488, Wharton, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,877
Single Family
4,986
Multi-Family
891
Businesses
696
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Nearby investment properties with comparable prices
Listed by: Jared Turner • Lennar Homes Village Builders, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #64812155
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