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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 1640 Summer Hill Ct, Granbury, TX, 76048 listed at $289,900 pairs $2,154/mo rent with a $1,419/mo payment to leave $92/mo cash flow. Total monthly income runs $2,154/mo, and annual cash flow reaches $1,109/yr on $96,102 cash to close. Return on cash invested measures 21.06% in year one, and rental yield registers 8.92% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 110.25% and total cumulative return in cash totals $105,957. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,154/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
5,924 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 |
|---|---|---|
| 2024-11-12 | Price change | $289,900 |
| 2024-10-07 | Price change | $304,500 |
| 2024-09-30 | Listed for sale | $329,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $936.95 | -1.27% | $245,350 | -12.67% |
| 2023-12-27 | $949.02 | -54.13% | $280,960 | 34.80% |
| 2022-12-27 | $2069.02 | -0.27% | $208,420 | 27.87% |
Listed by: Daniel Harker • Keller Williams Realty DPR
Mls Name: NTREIS
Mls ID: #20724172
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.
