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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 404 E Alabama St, Wharton, TX, 77488 at $249,900 posts ROI 22.6% with $186/mo cash flow from $1,963/mo rent. Total monthly income equals $1,963/mo, and annual cash flow records $2,233/yr on $82,842 to close. Return on cash invested measures 22.6% and rental yield reads 9.43% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 118.57% and total cumulative return in cash totals $98,222.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,963/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
10,454 sqft 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 |
|---|---|---|
| 2025-05-24 | Listed for sale | $249,900 |
| 2024-03-16 | Listing removed | $275,000 |
| 2023-11-04 | Listed for sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-25 | $1433.54 | 6.61% | $179,173 | 10.00% |
| 2023-05-25 | $1344.63 | -34.39% | $162,885 | 10.00% |
| 2022-05-25 | $2049.48 | 1.89% | $148,077 | 10.00% |
Listed by: Steve Hernandez • Lone Star Realty
Mls Name: HAR
Mls Provider:
Mls ID: #66193293
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