Ramsey Plan, Wharton Lakes: Watermill Collection, Wharton, TX, 77488 | 5.85% Rental Yield

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Price: $300K - 500K

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Ramsey Plan, Wharton Lakes: Watermill Collection, Wharton, TX, 77488 | 5.85% Rental Yield | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,200/mo, and a $1,204/mo payment. Purchase price stands at $245,990, and rental yield measures 5.85% with $1,200/mo rent. Return on cash invested shows 11.83% in year one, and 5% annual appreciation builds toward $67,963 over five years. Five-year ROI reaches 60.7% and total cumulative return in cash records $49,499. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,200/mo property income covering a $1,204/mo payment rather than investor’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

This new single-story design makes smart use of the space available. At the front are all three secondary bedrooms arranged near a convenient full-sized bathroom. Down the foyer is a modern layout connecting a peninsula-style kitchen made for inspired meals, an intimate dining area and a family room ideal for gatherings. Tucked in a quiet corner is the owner's suite with an attached bathroom and walk-in closet.

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