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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 Granger at 305 W Davilla St, Granger, TX, 76530 priced at $299,000 converts $1,769/mo rent into after a $1,463/mo obligation. Total monthly income equals $1,769/mo. Return on cash invested prints 15.59% in year one, and rental yield reads 7.1% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 80.92% and total cumulative return in cash sums $80,206. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,769/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76530, Granger, TX area.
| 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 |
Residential
921
Single Family
907
Multi-Family
14
Businesses
70
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Crystal Mattice • Ashby Real Estate
Mls Name: Unlock MLS
Mls ID: #2972622
