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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 216 S Cloud St, Wharton, TX, 77488 offers $1,619/mo rent that, after a $1,170/mo payment. Total monthly income is $1,619/mo. Return on cash invested measures 18.69% in year one, and rental yield stands at 8.13% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Five-year ROI records 97.54% and total cumulative return in cash reaches $77,280. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,619/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
9,787 sqft 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 |
|---|---|---|
| 2025-03-14 | Listed for rent | $1,900 |
| 2024-02-24 | Listing removed | N/A |
| 2024-02-19 | Pending sale | $110,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-14 | $1311.13 | 6.58% | $162,898 | 10.00% |
| 2023-03-14 | $1230.13 | -35.49% | $148,089 | 10.00% |
| 2022-03-14 | $1906.84 | 1.87% | $134,626 | 10.00% |
Listed by: Thao Dinh • 5th Stream Realty
Mls Name: HAR
Mls Provider:
Mls ID: #59908739
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