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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 616 Frankie St, Wharton, TX, 77488 with 5% annual appreciation on a $215,000 basis while $2,003/mo rent supports operations. Total monthly income totals $2,003/mo and a $1,052/mo payment preserves $474/mo for cash returns. Annual cash flow comes to $5,693/yr on $71,273 deployed, and return on cash invested reaches 27.9% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 11.18%. Five-year ROI measures 146.92% and total cumulative return in cash totals $104,713.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,003/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
9,461 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 |
|---|---|---|
| 2025-06-26 | Listed for sale | $215,000 |
| 2023-05-30 | Listing removed | N/A |
| 2023-04-29 | Listed for rent | $1,650 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Stacie Hoyt • Texas Southern Real Estate LLC
Mls Name: HAR
Mls Provider:
Mls ID: #38144696
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