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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 2212 Morningside Dr, Granbury, TX, 76048 generates $1,295/mo in rent and, after a $812/mo payment, leaves $115/mo in cash flow. Total monthly income is $1,295/mo, and annual cash flow is $1,383/yr on $54,996 invested. Return on cash invested sits at 22.42% in year one, and rental yield is 9.37% on a $165,900 entry. Equity gained on principal adds $1,071/yr, while 5% annual appreciation builds toward $45,835 over five years. Five-year ROI reaches 117.6% and total cumulative return in cash sums $64,674. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,295/mo property income rather than buyer’s personal income.
Manufactured
Built in 2022
6,969 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 |
|---|---|---|
| 2025-01-01 | Listing removed | $1,700 |
| 2024-12-05 | Listed for rent | $1,700 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-04 | $1945.15 | -13.36% | $162,210 | -12.09% |
| 2023-06-04 | $2245.15 | 1306.03% | $184,510 | 1437.58% |
| 2022-06-04 | $159.68 | 76.34% | $12,000 | 100.00% |
Listed by: James M Grubbs • Summers Cook & Company
Mls Name: LGVBOARD
Mls Provider:
Mls ID: #20253834
Disclaimer: Copyright 2025 Longview Area Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
