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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% |
Rental property for sale in Wharton at 318 Nicholas Rd, Wharton, TX, 77488 priced at $200,990 converts $1,620/mo rent into $128/mo cash flow after a $984/mo obligation. Total monthly income equals $1,620/mo, and annual cash flow totals $1,536/yr on $66,628 invested. Return on cash invested prints 22.21% in year one, and rental yield reads 9.67% against a $200,990 entry. Equity gained on principal adds $1,297/yr, while 5% annual appreciation compiles into $55,530 by year five. Five-year ROI reaches 116.81% and total cumulative return in cash sums $77,827. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,620/mo property income covering a $984/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$750 annually 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 |
|---|---|---|
| 2025-09-03 | Listed for sale | $200,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jared Turner • Lennar Homes Village Builders, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #71394267
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