232 Kerr LnWhartonTX77488
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Rental property for sale in Wharton at 232 Kerr Ln, Wharton, TX, 77488 offers $1,170/mo rent that, after a $734/mo payment, leaves $104/mo cash flow. Total monthly income is $1,170/mo, and annual cash flow is $1,242/yr on $49,725 cash. Return on cash invested measures 22.41% in year one, and rental yield stands at 9.36% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 117.49% and total cumulative return in cash reaches $58,422. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,170/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.76 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
5,877
Single Family
4,986
Multi-Family
891
Businesses
696
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Listed by: Brian Hargrove • Country Pride Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #77683754
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