1520 Crestmont St, Wharton, TX, 77488 | $270/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1520 Crestmont St, Wharton, TX, 77488 | $270/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

Rental property for sale in Wharton at 1520 Crestmont St, Wharton, TX, 77488 generates $1,976/mo in rent and, after a $1,174/mo payment, leaves $270/mo in cash flow. Total monthly income is $1,976/mo, and annual cash flow is $3,243/yr on $79,527 invested. Return on cash invested sits at 23.99% in year one, and rental yield is 9.88% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 125.97% and total cumulative return in cash sums $100,183. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,976/mo property income rather than buyer’s personal income.

Single Family

Built in 1982

3,898 sqft lot

$N/A/sqft

No HOA

More details about the property

Nicely kept and spacious patio home, in a highly desired neighborhood. This lovely home offers +/-1705 Sqft, with ceramic tile throughout the entire home. The lovely floor plan offers a big family room with wood-burning fireplace and it is open to a spacious dining area and open kitchen. The kitchen has a long open bar that views the dining and family room. The kitchen is roomy and offers lots of cabinet and countertop space. The utility closet is in the house by the kitchen. The home includes all appliances. There are three nice bedrooms, and one has built-ins that could double as a home office. The primary offers an ensuite bath with nice shower, and a separate walk in closet. the secondary bedrooms are of normal size and offer a nicely redone main bath to enjoy. The patio home offers lots of patio space and very little yard maintenance. There is a full 2 car garage with opener to park your vehicles in. There is a special extra room between the garage and house for flex space.

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