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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% |
Investment property for sale in Wharton at 308 Circle Dr, Wharton, TX, 77488 uses $53,040 cash to close to unlock $1,276/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $1,244/mo, and a $783/mo payment keeps the spread at $106/mo. Purchase price stands at $160,000, and rental yield measures 9.33% with $1,244/mo rent. Return on cash invested shows 22.31% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 117.04% and total cumulative return in cash records $62,078. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,244/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.26 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Charman Escobedo • Green And Associates, REALTORS
Mls Name: HAR
Mls ID: #60651115
