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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 2422 Steepleridge, Granbury, TX, 76048 priced at $389,000 pairs $2,154/mo rent with after a $1,904/mo payment. Total monthly income equals $2,154/mo. Return on cash invested is 13.98% in year one, and rental yield stands at 6.64% on a $389,000 basis. Equity gained on principal adds $2,510/yr, and 5% annual appreciation accumulates to $107,474 by year five. Five-year ROI measures 72.33% and total cumulative return in cash reaches $93,270. For financing, Ziffy Mortgage’s DSCR program evaluates $2,154/mo property income against a $1,904/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
9,016 sqft lot
$N/A/sqft
$149 semi-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 |
|---|---|---|
| 2024-08-07 | Price change | $389,000 |
| 2024-07-20 | Listed for sale | $394,900 |
| 2024-02-29 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $243.37 | 1.60% | $20,000 | 11.11% |
| 2022-08-13 | $239.53 | 76.35% | $18,000 | 100.00% |
| 2021-08-13 | $135.83 | -83.74% | $9,000 | -83.46% |
Listed by: Perla Roque • Epique Realty LLC
Mls Name: NTREIS
Mls ID: #20678716
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.
