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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% |
Rental property for sale in Wharton at 718 E Columbus Dr, Wharton, TX, 77488 offers $1,496/mo rent that, after a $954/mo payment, leaves $110/mo cash flow. Total monthly income is $1,496/mo, and annual cash flow is $1,320/yr on $64,609 cash. Return on cash invested measures 21.95% in year one, and rental yield stands at 9.21% at a $194,900 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,847 by year five. Five-year ROI records 115.01% and total cumulative return in cash reaches $74,307. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,496/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
7,004 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 |
|---|---|---|
| 2022-03-29 | Listing removed | N/A |
| 2021-11-19 | Price change | $165,000 |
| 2021-11-11 | Listed for sale | $153,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Hilda Garfias • Realm Real Estate Professionals - Katy
Mls Name: HAR
Mls Provider:
Mls ID: #44135552
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