2023 Cordova Cir, Granbury, TX, 76049 | 5.24% Rental Yield

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2023 Cordova Cir, Granbury, TX, 76049 | 5.24% Rental Yield | Ziffy

For Sale

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

Rental property for sale in Granbury at 2023 Cordova Cir, Granbury, TX, 76049 generates $3,928/mo in rent, after a $4,405/mo payment. Total monthly income is $3,928/mo. Return on cash invested sits at 10.04% in year one, and rental yield is 5.24% on a $900,000 entry. Equity gained on principal adds $5,808/yr, while 5% annual appreciation builds toward $248,653 over five years. Five-year ROI reaches 51.1% and total cumulative return in cash sums $151,320. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,928/mo property income rather than buyer’s personal income.

Single Family

Built in 1972

0.28 Acres lot

$N/A/sqft

No HOA

More details about the property

Mainbody Lakefront Stunner with Panoramic Views! Experience breathtaking sunsets and lakeside living from this elevated gem on Lake Granbury. Perfectly situated in a park-like setting at the end of a quiet cul-de-sac, this home offers the ideal blend of tranquility and conveniencejust minutes from shops, restaurants, golf courses, and Granbury's historic downtown. Whether you're looking for a peaceful weekend escape or a full-time lakefront residence, this property delivers. The updated home features two spacious living areas, three full bathrooms, and three bedrooms, plus a versatile flex room currently used as a fourth bedroom. Enjoy cozy evenings by the wood-burning stove while soaking in sweeping lake views. Step out onto the expansive covered deck, accessible from the family room, dining area, and primary suiteperfect for entertaining or simply unwinding. The oversized lot offers ample space for outdoor enjoyment or the potential to build an additional home or guesthouse. Recent improvements include a new roof and gutters (July 2025), with brand-new windows scheduled for installation by the end of July. Extra parking ensures plenty of room for guests and lake toys, and a storage shed adds convenience for all your recreational gear. Don't miss this rare opportunity to own a slice of lakefront paradise in one of Granburys most desirable neighborhoods. Optionally sold fully furnished.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76049, Granbury, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,626 (100%)
Owner Occupied HU	11,149 (76.2%)
Renter Occupied HU	2,044 (14.0%)
Vacant Housing Units	1,433 ( 9.8%)
Median Home Value	$376,010
Average Home Value	$441,543