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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 5530 Contrary Creek Rd, Granbury, TX, 76048 priced at $499,900 pairs $6,625/mo rent with $3,070/mo cash flow after a $2,447/mo payment. Total monthly income equals $6,625/mo, and annual cash flow comes to $36,839/yr on $165,717 invested. Return on cash invested is 42.14% in year one, and rental yield stands at 15.9% on a $499,900 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,113 by year five. Five-year ROI measures 223.25% and total cumulative return in cash reaches $369,960. For financing, Ziffy Mortgage’s DSCR program evaluates $6,625/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
1.06 Acres 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 |
|---|---|---|
| 2024-08-01 | Price change | $499,900 |
| 2024-07-16 | Price change | $520,000 |
| 2024-06-05 | Listed for sale | $525,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $4417.53 | -10.23% | $468,660 | 17.19% |
| 2022-08-13 | $4920.88 | 12.78% | $399,900 | 38.31% |
| 2021-08-13 | $4363.39 | 669.44% | $289,130 | 682.70% |
Listed by: Jennifer Birkle • Texas Legacy Realty
Mls Name: NTREIS
Mls ID: #20634678
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.
