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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% |
Rental property for sale in Wharton at 213 Nicholas Rd, Wharton, TX, 77488 generates $1,620/mo in rent and, after a $795/mo payment, leaves $465/mo in cash flow. Total monthly income is $1,620/mo, and annual cash flow is $5,580/yr on $53,836 invested. Return on cash invested sits at 30.27% in year one, and rental yield is 11.97% on a $162,400 entry. Equity gained on principal adds $1,048/yr, while 5% annual appreciation builds toward $44,868 over five years. Five-year ROI reaches 159.73% and total cumulative return in cash sums $85,991. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A 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 |
|---|---|---|
| 2025-08-07 | Pending sale | $229,990 |
| 2025-08-05 | Price change | $164,990 |
| 2025-07-03 | Price change | $170,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A
