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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 401 N Rusk St, Wharton, TX, 77488 uses $92,820 cash to close to unlock $3,424/yr annual cash flow and $285/mo monthly cash flow. Total monthly income runs $2,276/mo, and a $1,370/mo payment keeps the spread at $285/mo. Purchase price stands at $280,000, and rental yield measures 9.75% with $2,276/mo rent. Return on cash invested shows 23.6% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 123.86% and total cumulative return in cash records $114,969. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,276/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1927
0.67 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 |
|---|---|---|
| 2025-04-08 | Listed for sale | $280,000 |
| 2022-12-09 | Listing removed | N/A |
| 2022-10-26 | Listed for sale | $255,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-08 | $4346.10 | 5.42% | $257,782 | 6.97% |
| 2023-04-08 | $4122.60 | -11.73% | $240,986 | 8.79% |
| 2022-04-08 | $4670.62 | 2.79% | $221,517 | 9.97% |
Listed by: Ambrosia Sims • Texas Ally Real Estate Group
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #457283
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-04-08 11:37:36 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
