1117 Ross Ln, Granbury, TX, 76048 | $215/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1117 Ross Ln, Granbury, TX, 76048 | $215/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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

Investment property for sale in Granbury at 1117 Ross Ln, Granbury, TX, 76048 offers a 9.66% rental yield on a $229,000 purchase with $1,844/mo rent. Total monthly income registers $1,844/mo, and a $1,121/mo payment leaves $215/mo available for distribution. Annual cash flow reaches $2,585/yr on $75,914 to close, and return on cash invested stands at 23.31% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 122.34% and total cumulative return in cash at $92,873. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,844/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1984

4,791 sqft lot

$N/A/sqft

No HOA

More details about the property

Enjoy peaceful living outside city limits in this charming 3-bedroom, 1-bathroom home. Imagine unwinding after a long day in your spacious, enclosed, and fenced backyard, for privacy that's perfect for furry friends or creating your own serene garden oasis. As evening approaches, savor the breathtaking sunset views that paint the sky from your own slice of tranquility. While this home doesn't feature a garage, there is driveway parking and the potential to add a carport. The interior is bathed in natural light and offers a comfortable living space to call your own. Located within a peaceful neighborhood, you'll experience a quiet and serene environment, allowing you to relax and truly appreciate this property's beautiful views. Granbury Lake, restaurants, shopping, and historic downtown are just a quick drive away.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76048, Granbury, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,104 (100%)
Owner Occupied HU	8,556 (60.7%)
Renter Occupied HU	3,550 (25.2%)
Vacant Housing Units	1,998 (14.2%)
Median Home Value	$325,457
Average Home Value	$424,077