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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 1300 Phoenix Ct, Granbury, TX, 76048 offers $1,967/mo rent that, after a $1,067/mo payment, leaves $408/mo cash flow. Total monthly income is $1,967/mo, and annual cash flow is $4,896/yr on $72,267 cash. Return on cash invested measures 26.68% in year one, and rental yield stands at 10.83% at a $218,000 entry. Equity gained on principal adds $1,407/yr while 5% annual appreciation compounds into $60,229 by year five. Five-year ROI records 140.51% and total cumulative return in cash reaches $101,539. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,967/mo property income versus a $1,067/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
2,178 sqft lot
$N/A/sqft
$105 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 |
|---|---|---|
| 2024-09-30 | Listed for sale | $218,000 |
| 2024-09-08 | Listing removed | $218,000 |
| 2024-09-07 | Price change | $218,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $1567.36 | -7.60% | $212,550 | -1.72% |
| 2023-12-27 | $1696.34 | -30.70% | $216,260 | 17.56% |
| 2022-12-27 | $2447.87 | 4534.36% | $183,950 | 5155.71% |
Listed by: Tawanda Hull • TDRealty
Mls Name: NTREIS
Mls ID: #20704688
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.
