300 N Rio Grande StGrangerTX76530
INVESTMENT ANALYSIS
Investment Verdict
Solid Income300 N Rio Grande St, Granger, TX, 76530 in Granger is a solid income-producing rental, 9.54% gross yield, $1,980/mo rent, $209/mo net cash flow on a $249,000 buy. DSCR 1.77 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $68,794 and $2,293/yr in principal reduction project a total cumulative return of $108,909.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $209 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,980 |
| Total Monthly Debt Service | $1,672 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1925
7,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76530, Granger, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,365 (100%) |
| Owner Occupied HU | 963 (70.5%) |
| Renter Occupied HU | 273 (20.0%) |
| Vacant Housing Units | 129 ( 9.5%) |
| Median Home Value | $559,812 |
| Average Home Value | $603,920 |
Housing Distribution
Address Breakdown
Residential
921
Single Family
907
Multi-Family
14
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1925
7,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76530, Granger, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,365 (100%) |
| Owner Occupied HU | 963 (70.5%) |
| Renter Occupied HU | 273 (20.0%) |
| Vacant Housing Units | 129 ( 9.5%) |
| Median Home Value | $559,812 |
| Average Home Value | $603,920 |
Housing Distribution
Address Breakdown
Residential
921
Single Family
907
Multi-Family
14
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices