








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 507 N Rusk St, Wharton, TX, 77488 uses $101,108 cash to close to unlock $83/yr annual cash flow and $7/mo monthly cash flow. Total monthly income runs $2,176/mo, and a $1,493/mo payment keeps the spread at $7/mo. Purchase price stands at $305,000, and rental yield measures 8.56% with $2,176/mo rent. Return on cash invested shows 19.99% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 104.49% and total cumulative return in cash records $105,646. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,176/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1984
0.46 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Deborah Jurasek • Kingsland Properties
Mls Name: HAR
Mls ID: #30430173