








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Granbury at 4007 Rhode Island Trl, Granbury, TX, 76048 offers a 21.74% rental yield on a $159,900 purchase with $2,897/mo rent. Total monthly income registers $2,897/mo, and a $783/mo payment leaves $1,755/mo available for distribution. Annual cash flow reaches $21,065/yr on $53,007 to close, and return on cash invested stands at 59.65% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 317.22% and total cumulative return in cash at $168,150. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,897/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
10,149 sqft lot
$N/A/sqft
$50 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 |
|---|---|---|
| 2024-08-09 | Price change | $159,900 |
| 2024-06-08 | Listed for sale | $179,900 |
| 2024-06-05 | Contingent | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $1324.38 | 11.94% | $108,840 | 22.42% |
| 2022-08-13 | $1183.15 | 35.40% | $88,910 | 53.56% |
| 2021-08-13 | $873.80 | -4.91% | $57,900 | -3.27% |



Listed by: Jeff Kelly • Wethington Agency
Mls Name: NTREIS
Mls ID: #20594934
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.