402 Nicholas RdWhartonTX77488
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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
Investment property for sale in Wharton at 402 Nicholas Rd, Wharton, TX, 77488 offers a 8.18% rental yield on a $200,990 purchase with $1,370/mo rent. 71% in year one. Equity gained on principal adds $1,297/yr while 5% annual appreciation supports $55,530 over five years. Portfolio math shows five-year ROI at 92.67% and total cumulative return in cash at $61,747. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,370/mo property income against a $984/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$750 annually 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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Listed by: Jared Turner • Lennar Homes Village Builders, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #46211527
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