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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 1515 Clover Ln, Granbury, TX, 76048 offers $2,190/mo rent that, after a $1,493/mo payment, leaves $21/mo cash flow. Total monthly income is $2,190/mo, and annual cash flow is $251/yr on $101,108 cash. Return on cash invested measures 20.16% in year one, and rental yield stands at 8.62% at a $305,000 entry. Equity gained on principal adds $1,968/yr while 5% annual appreciation compounds into $84,266 by year five. Five-year ROI records 105.38% and total cumulative return in cash reaches $106,546. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,190/mo property income versus a $1,493/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
2,178 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-04-29 | Listed for sale | $305,000 |
| 2022-07-01 | Sold | N/A |
| 2022-05-31 | Contingent | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | $4339.65 | -1.38% | $273,940 | -0.28% |
| 2023-04-29 | $4400.22 | 34.97% | $274,700 | 21.57% |
| 2022-04-29 | $3260.08 | -4.55% | $225,960 | 16.15% |
Listed by: Debbie Roberts • Keller Williams Brazos West
Mls Name: NTREIS
Mls ID: #20917155
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.
