416 W Burleson StWhartonTX77488
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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
Rental property for sale in Wharton at 416 W Burleson St, Wharton, TX, 77488 generates $1,090/mo in rent, after a $700/mo payment. Total monthly income is $1,090/mo. Return on cash invested sits at 17.67% in year one, and rental yield is 9.15% on a $143,000 entry. Equity gained on principal adds $923/yr, while 5% annual appreciation builds toward $39,508 over five years. Five-year ROI reaches 93.59% and total cumulative return in cash sums $44,368. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,090/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.34 Acres lot
$N/A/sqft
No 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: Kelly Balthrop • Wied Realty
Mls Name: HAR
Mls Provider:
Mls ID: #97573378
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