Pearce Plan, Wharton Lakes : Watermill 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
Investment property for sale in Wharton at Pearce Plan, Wharton Lakes: Watermill Collection, Wharton, TX, 77488 uses $72,595 cash to close to unlock $751/yr annual cash flow and $63/mo monthly cash flow. Total monthly income runs $1,620/mo, and a $1,072/mo payment keeps the spread at $63/mo. Purchase price stands at $218,990, and rental yield measures 8.88% with $1,620/mo rent. Return on cash invested shows 20.94% in year one, and 5% annual appreciation builds toward $60,503 over five years. Five-year ROI reaches 109.62% and total cumulative return in cash records $79,578. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,620/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single Family
Built in 2025
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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