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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% |
Investment property for sale in Granbury at 1608 Cheyenne Trl, Granbury, TX, 76048 with 5% annual appreciation on a $415,000 basis while $3,090/mo rent supports operations. Total monthly income totals $3,090/mo and a $2,031/mo payment preserves $104/mo for cash returns. Annual cash flow comes to $1,249/yr on $137,573 deployed, and return on cash invested reaches 20.82% in year one. Equity gained on principal adds $2,678/yr, and five-year appreciation sums $114,657 alongside rental yield of 8.93%. Five-year ROI measures 109.06% and total cumulative return in cash totals $150,033.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,090/mo property income versus a $2,031/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
0.27 Acres lot
$N/A/sqft
$420 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 |
|---|---|---|
| 2024-10-11 | Price change | $415,000 |
| 2024-08-05 | Listed for sale | $420,000 |
| 2019-09-20 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $1619.57 | -3.32% | $394,270 | 1.64% |
| 2023-12-27 | $1675.17 | -46.41% | $387,900 | 7.84% |
| 2022-12-27 | $3126.09 | -1.24% | $359,710 | 33.97% |
Listed by: Tommy Carpenter • CENTURY 21 Judge Fite
Mls Name: NTREIS
Mls ID: #20693722
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.
