5648 Highway 60 S, Wharton, TX, 77488 | 8.07% Rental Yield

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Price: $300K - 500K

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5648 Highway 60 S, Wharton, TX, 77488 | 8.07% Rental Yield | Ziffy

For Sale

Fix & Flip

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 5648 Highway 60 S, Wharton, TX, 77488 earns from $1,681/mo rent with a $1,224/mo payment. Total monthly income totals $1,681/mo. ROI tracks 18.5% on current figures, and rental yield reads 8.07% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 96.52% and total cumulative return in cash sums $79,990. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,681/mo property income instead of your personal income.

Single Family

Built in 1994

9.36 Acres lot

$N/A/sqft

No HOA

More details about the property

ATTENTION INVESTORS, handymen, or families ready to customize and build equity. This 4-bedroom, 2-bath home has opportunity all over these 9.3 acres. Recently appraised AS-IS at $393,665 and PRICED AT LOT VALUE ONLY - it already has improvements to enhance including a large barn/workshop, an in-ground pool, with plenty of land for animals, gardening, or future projects. UNRESTRICTED, low taxes, no flood zone and located in a growing area with tons of potentialendless possibilities await! Move-in to your next project as home can be lived in AS-IS complete with working electrical, plumbing and appliances. Schedule your showing today!

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