302 Mayfair Cir, Wharton, TX, 77488 | $640/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

302 Mayfair Cir, Wharton, TX, 77488 | $640/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
2000 sft

401 N Rusk St, Wharton, TX, 77488

3 Bed
2 Bath
1643 sft

1203 Edgebrook Dr, El Campo, TX, 77437

3 Bed
2 Bath
1584 sft

301 S Victoria St, Louise, TX, 77455

3 Bed
2 Bath
1664 sft

1510 Michael St, El Campo, TX, 77437

Nearby investment properties with comparable prices

2 Bed
2 Bath
1719 sft

222 Mayfair Cir, Wharton, TX, 77488

4 Bed
2 Bath
1764 sft

706 Avenue I St, El Campo, TX, 77437

Investment Property+ 2 more

7 Bed
3 Bath
2008 sft

10553 S State Highway 71, Danevang, TX, 77432

3 Bed
2 Bath
1535 sft

912 Spruce Ave, El Campo, TX, 77437

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Wharton at 302 Mayfair Cir, Wharton, TX, 77488 priced at $230,000 converts $2,276/mo rent into $640/mo cash flow after a $1,126/mo obligation. Total monthly income equals $2,276/mo, and annual cash flow totals $7,682/yr on $76,245 invested. Return on cash invested prints 29.98% in year one, and rental yield reads 11.87% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 158.14% and total cumulative return in cash sums $120,571. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,276/mo property income covering a $1,126/mo payment, not borrower’s personal income.

Single Family

Built in 1978

4,974 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming patio home in Wharton! This updated 2-bedroom, 2-bath property with a study offers a perfect balance of comfort and convenience. With an open floor plan, spacious primary suite, and a private patio, this home is designed for low-maintenance living. The study can be used as a home office, craft room, or reading nook. Modern updates throughout ensure move-in-ready condition. Located in an established neighborhood near shopping, dining, and medical facilities, this home is ideal for easy living.

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