306 Nicholas RdWhartonTX77488
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 306 Nicholas Rd, Wharton, TX, 77488 priced at $193,000 pairs $1,200/mo rent with after a $945/mo payment. Total monthly income equals $1,200/mo. Return on cash invested is 16.67% in year one, and rental yield stands at 7.46% on a $193,000 basis. Equity gained on principal adds $1,245/yr, and 5% annual appreciation accumulates to $53,322 by year five. Five-year ROI measures 86.72% and total cumulative return in cash reaches $55,482. For financing, Ziffy Mortgage’s DSCR program evaluates $1,200/mo property income against a $945/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A 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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