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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 2701 River Ridge Ct, Granbury, TX, 76048 with 5% annual appreciation on a $475,000 basis while $4,483/mo rent supports operations. Total monthly income totals $4,483/mo and a $2,325/mo payment preserves $1,061/mo for cash returns. Annual cash flow comes to $12,736/yr on $157,463 deployed, and return on cash invested reaches 28% in year one. Equity gained on principal adds $3,065/yr, and five-year appreciation sums $131,234 alongside rental yield of 11.33%. Five-year ROI measures 147.55% and total cumulative return in cash totals $232,339.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,483/mo property income versus a $2,325/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
4,791 sqft lot
$N/A/sqft
$525 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 |
|---|---|---|
| 2024-08-13 | Listing removed | N/A |
| 2024-07-12 | Listed for sale | $475,000 |
| 2022-02-22 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $5022.80 | 7.32% | $412,780 | 17.37% |
| 2022-08-30 | $4680.16 | 5.26% | $351,700 | 19.38% |
| 2021-08-30 | $4446.09 | 8.06% | $294,610 | 9.92% |
Listed by: Tina Hearne • Tina Hearne REALTORS, Inc.
Mls Name: NTREIS
Mls ID: #20651223
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.
