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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 706 University Ave, Wharton, TX, 77488 listed at $231,000 pairs $2,012/mo rent with a $1,131/mo payment to leave $369/mo cash flow. Total monthly income runs $2,012/mo, and annual cash flow reaches $4,427/yr on $76,577 cash to close. Return on cash invested measures 25.69% in year one, and rental yield registers 10.45% at a $231,000 basis. Equity gained on principal adds $1,491/yr, and annual property appreciation at 5% supports $63,821 by year five. Five-year ROI tracks 135.04% and total cumulative return in cash totals $103,413. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,012/mo property income relative to a $1,131/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
10,227 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lisa Perez • Country Pride Real Estate
Mls Name: HAR
Mls ID: #41111212
