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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 202 Neal Rd, Wharton, TX, 77488 earns $54/mo cash flow from $2,258/mo rent with a $1,517/mo payment. Total monthly income totals $2,258/mo, and annual cash flow totals $646/yr on $102,765 capital. ROI tracks 20.54% on current figures, and rental yield reads 8.74% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 107.41% and total cumulative return in cash sums $110,383. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,258/mo property income instead of your personal income.
Single Family
Built in 1968
0.76 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 |
|---|---|---|
| 2025-05-10 | Listed for sale | $310,000 |
| 2025-05-09 | Listing removed | $310,000 |
| 2025-05-08 | Price change | $310,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-10 | $3311.82 | 10.37% | $263,275 | 10.00% |
| 2023-05-10 | $3000.60 | -18.23% | $239,341 | 10.00% |
| 2022-05-10 | $3669.48 | -4.40% | $217,583 | 4.43% |
Listed by: Thomas Johnson • RE/MAX GO
Mls Name: HAR
Mls Provider:
Mls ID: #38510608
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