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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 408 Virgo Ct, Granbury, TX, 76049 offers $1,962/mo rent that, after a $2,570/mo payment. Total monthly income is $1,962/mo. Return on cash invested measures 7.65% in year one, and rental yield stands at 4.48% at a $525,000 entry. Equity gained on principal adds $3,388/yr while 5% annual appreciation compounds into $145,048 by year five. Five-year ROI records 38.33% and total cumulative return in cash reaches $66,201. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,962/mo property income versus a $2,570/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
3,484 sqft lot
$N/A/sqft
$174 annually HOA
Neighborhood data shown for ZIP Code: 76049, Granbury, TX area.
| 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 |
Residential
14,356
Single Family
14,303
Multi-Family
53
Businesses
953
Date | Event | Price |
|---|---|---|
| 2024-09-12 | Listed for sale | $525,000 |
| 2020-07-30 | Sold | N/A |
| 2020-07-13 | Pending sale | $247,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | N/A | N/A | $276,640 | -6.64% |
| 2023-10-22 | $3605.68 | 14.89% | $296,320 | 25.64% |
| 2022-10-22 | $3138.40 | 9.68% | $235,840 | 24.39% |
Listed by: Ann Winston • Winston Properties, LLC
Mls Name: NTREIS
Mls ID: #20727595
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.
