1610 Alamo Dr, Granbury, TX, 76048 | $785/mo Cash Flow

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1610 Alamo Dr, Granbury, TX, 76048 | $785/mo Cash Flow | Ziffy

Off market

Currently Rented

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 1610 Alamo Dr, Granbury, TX, 76048 offers a 16.5% rental yield on a $139,700 purchase with $1,921/mo rent. Total monthly income registers $1,921/mo, and a $684/mo payment leaves $785/mo available for distribution. Annual cash flow reaches $9,424/yr on $46,311 to close, and return on cash invested stands at 40.26% in year one. Equity gained on principal adds $901/yr while 5% annual appreciation supports $38,597 over five years. Portfolio math shows five-year ROI at 214.58% and total cumulative return in cash at $99,372. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,921/mo property income against a $684/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1996

9,583 sqft lot

$N/A/sqft

$142 monthly HOA

More details about the property

Recently renovated 3.2 doublewide inside the gated community of Indian Harbor. Great opportunity to downsize or for a starter home in an established neighborhood near the lake. Renovations installed in 2020-21 include but not limited to: subflooring, waterproof vinyl plank flooring, primary bathroom tub and surround, hall bathroom tub, surround, vanity, and toilet, plumbing lines and fixtures throughout the home, light fixtures, gas range, metal underpinning, and paint throughout. The electrical service pole was replaced. HVAC system serviced in 2021. The backyard is fenced and spacious, but needs some TLC. Large pole barn and shed included for plenty of storage. Propane tank is owned, not leased.

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