507 N Rusk St, Wharton, TX, 77488 | $7/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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507 N Rusk St, Wharton, TX, 77488 | $7/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

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

More details about the property

This one has the WOW FACTOR!! 3 nicely sized bedrooms with 2 impressive baths! And for the crafter in the house this one has the perfect craft room too! Granit counters in a kitchen that's just the right size. Talk about a utility room!! WOW does this one have a big one that already has a nice dryer and washer! Formal living room is just off the kitchen/dining room. Walk through the dining area into a MASSIVE family room with a cozy and inviting fireplace that will make the perfect holiday gathering place for family and friends. Fireplace can be gas logs or real logs. Step out into a back yard oasis! 2 nice sized patios for entertaining. There is even a work shed! Pack the kids and pets and come make this one home!!

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