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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 W Milam St, Wharton, TX, 77488 earns from $3,270/mo rent with a $3,911/mo payment. Total monthly income totals $3,270/mo. ROI tracks 9.05% on current figures, and rental yield reads 4.91% at a $799,000 purchase. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 over five years. Five-year ROI reaches 45.78% and total cumulative return in cash sums $120,354. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,270/mo property income instead of your personal income.
Single Family
Built in 1925
N/A 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 |
|---|---|---|
| 2024-11-21 | Price change | $799,000 |
| 2024-04-04 | Price change | $895,000 |
| 2023-12-02 | Listed for sale | $990,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-27 | $2660.66 | -31.44% | $224,122 | 3.31% |
| 2022-12-27 | $3880.91 | 49.49% | $216,951 | 45.46% |
| 2021-12-27 | $2596.13 | 1.90% | $149,152 | 10.00% |
Listed by: Alisha Ingraham • Compass RE Texas, LLC - Katy
Mls Name: HAR
Mls Provider:
Mls ID: #72622630
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