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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 2907 River Ridge Ct, Granbury, TX, 76048 generates $4,112/mo in rent and, after a $1,757/mo payment, leaves $1,534/mo in cash flow. Total monthly income is $4,112/mo, and annual cash flow is $18,405/yr on $118,975 invested. Return on cash invested sits at 35.38% in year one, and rental yield is 13.75% on a $358,900 entry. Equity gained on principal adds $2,316/yr, while 5% annual appreciation builds toward $99,157 over five years. Five-year ROI reaches 187.11% and total cumulative return in cash sums $222,612. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,112/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
4,791 sqft lot
$N/A/sqft
$308 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 |
|---|---|---|
| 2024-07-30 | Listed for sale | $358,900 |
| 2024-07-16 | Listing removed | N/A |
| 2024-07-04 | Price change | $359,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | N/A | N/A | $351,000 | 19.14% |
| 2022-08-13 | N/A | N/A | $294,600 | 4108.57% |
| 2021-08-13 | $105.64 | 72.02% | $7,000 | 75.00% |
Listed by: Hayden Hall • Epique Realty, LLC
Mls Name: NTREIS
Mls ID: #20575915
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.
