1303 Charlotte Way, Wharton, TX, 77488 | $340/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1303 Charlotte Way, Wharton, TX, 77488 | $340/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wharton at 1303 Charlotte Way, Wharton, TX, 77488 listed at $179,990 pairs $1,620/mo rent with a $881/mo payment to leave $340/mo cash flow. Total monthly income runs $1,620/mo, and annual cash flow reaches $4,080/yr on $59,667 cash to close. Return on cash invested measures 26.75% in year one, and rental yield registers 10.8% at a $179,990 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,728 by year five. Five-year ROI tracks 140.8% and total cumulative return in cash totals $84,014. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,620/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining during gatherings. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms along the side of the home, which are ideal for household members and hosting overnight guests.

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