303 S Rio Grande StGrangerTX76530
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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
Investment Highlights
Investment property for sale in Granger at 303 S Rio Grande St, Granger, TX, 76530 at $289,999 posts ROI 14.91% with from $1,661/mo rent. Total monthly income equals $1,661/mo. Return on cash invested measures 14.91% and rental yield reads 6.87% at the current $289,999. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,121 by year five. Five-year ROI prints 77.26% and total cumulative return in cash totals $74,272. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,661/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
0.26 Acres 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
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