372 Paddle Boat Dr, Granbury, TX, 76049 | 7.76% Rental Yield

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372 Paddle Boat Dr, Granbury, TX, 76049 | 7.76% Rental Yield | Ziffy

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NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,935/mo, and a $2,223/mo payment. Purchase price stands at $454,148, and rental yield measures 7.76% with $2,935/mo rent. Return on cash invested shows 17.56% in year one, and 5% annual appreciation builds toward $125,473 over five years. Five-year ROI reaches 91.47% and total cumulative return in cash records $137,712. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,935/mo property income covering a $2,223/mo payment rather than investor’s personal income.

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

This beautiful home makes use of every square foot in this one-story floor plan! At the front of the home, the study provides space for working and organizing! The family room with wood floors gives ample room for entertaining and sits right across from the gorgeous kitchen. The cabinets are beautifully stained contrast against the tiled back splash and glass cook top. A huge island and breakfast bar provide plenty of room for additional seating. When youre not enjoying the spacious kitchen, youll love relaxing in the primary suite. The spacious bedroom is complimented by a bathroom that features split his and her vanities on either side of the relaxing corner garden tub. The separate walk-in shower with ample space allows room for a seat and there is a huge walk-in closet as well. Three additional bedrooms with a second full bath and the utility room complete this home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76049, Granbury, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,626 (100%)
Owner Occupied HU	11,149 (76.2%)
Renter Occupied HU	2,044 (14.0%)
Vacant Housing Units	1,433 ( 9.8%)
Median Home Value	$376,010
Average Home Value	$441,543