Oakridge Plan, Wharton Lakes : Cottage CollectionWhartonTX77488
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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
Investment Highlights
Rental property for sale in Wharton at Oakridge Plan, Wharton Lakes: Cottage Collection, Wharton, TX, 77488 priced at $214,990 converts $2,114/mo rent into $585/mo cash flow after a $1,052/mo obligation. Total monthly income equals $2,114/mo, and annual cash flow totals $7,025/yr on $71,269 invested. Return on cash invested prints 29.77% in year one, and rental yield reads 11.8% against a $214,990 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,398 by year five. Five-year ROI reaches 156.96% and total cumulative return in cash sums $111,862. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,114/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
5,877
Single Family
4,986
Multi-Family
891
Businesses
696
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