








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Wharton at 212 W Alabama St, Wharton, TX, 77488 priced at $280,000 converts $2,653/mo rent into $662/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,653/mo, and annual cash flow totals $7,948/yr on $92,820 invested. Return on cash invested prints 28.47% in year one, and rental yield reads 11.37% against a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 149.99% and total cumulative return in cash sums $139,221. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,653/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1932
0.41 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Gloria Nieto • Coldwell Banker Realty - Greater Northwest
Mls Name: HAR
Mls ID: #42410510