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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 Granbury at 407 Torrey St, Granbury, TX, 76048 priced at $399,999 converts $2,408/mo rent into after a $1,958/mo obligation. Total monthly income equals $2,408/mo. Return on cash invested prints 15.65% in year one, and rental yield reads 7.22% against a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,512 by year five. Five-year ROI reaches 81.34% and total cumulative return in cash sums $107,859. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,408/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 2017
6,534 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-12-10 | Listed for sale | $399,999 |
| 2021-01-29 | Sold | N/A |
| 2020-12-10 | Listed for sale | $339,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $7046.82 | 9.79% | $444,830 | 11.02% |
| 2023-02-12 | $6418.34 | 9.56% | $400,690 | 17.01% |
| 2022-02-12 | $5858.04 | 7.24% | $342,430 | 6.86% |
Listed by: Karan Wethington • Wethington Agency
Mls Name: NTREIS
Mls ID: #20794332
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.
