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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 Granbury at 1212 Iowa Ct, Granbury, TX, 76048 priced at $388,000 pairs $2,966/mo rent with $174/mo cash flow after a $1,899/mo payment. Total monthly income equals $2,966/mo, and annual cash flow comes to $2,083/yr on $128,622 invested. Return on cash invested is 21.53% in year one, and rental yield stands at 9.17% on a $388,000 basis. Equity gained on principal adds $2,504/yr, and 5% annual appreciation accumulates to $107,197 by year five. Five-year ROI measures 112.85% and total cumulative return in cash reaches $145,156. For financing, Ziffy Mortgage’s DSCR program evaluates $2,966/mo property income against a $1,899/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
6,969 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood data shown for ZIP Code: 76048, Granbury, TX area.
| 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 |
Residential
13,237
Single Family
11,571
Multi-Family
1,666
Businesses
1,306
Date | Event | Price |
|---|---|---|
| 2025-01-03 | Listed for sale | $388,000 |
| 2024-09-30 | Listing removed | $388,000 |
| 2024-07-02 | Price change | $398,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $2627.12 | -6.39% | $219,080 | -5.02% |
| 2023-02-12 | $2806.60 | 3.83% | $230,650 | 13.55% |
| 2022-02-12 | $2703.10 | 9.97% | $203,130 | 24.72% |
Listed by: Susan Mitchell May • The Agency Real Estate Group
Mls Name: NTREIS
Mls ID: #20807954
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
