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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 St, Wharton, TX, 77488 earns from $1,620/mo rent with a $1,468/mo payment. Total monthly income totals $1,620/mo. ROI tracks 13.72% on current figures, and rental yield reads 6.48% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 70.84% and total cumulative return in cash sums $70,452. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,620/mo property income instead of your personal income.
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 |
|---|---|---|
| 2024-12-16 | Listed for sale | $300,000 |
| 2021-10-01 | Listing removed | N/A |
| 2021-08-03 | Pending sale | $146,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Stafford Ullrich • Falaya
Mls Name: HAR
Mls Provider:
Mls ID: #50025259
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