








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 616 Thorp Spring Rd, Granbury, TX, 76048 priced at $925,000 converts $2,490/mo rent into after a $4,527/mo obligation. Total monthly income equals $2,490/mo. Return on cash invested prints 3.94% in year one, and rental yield reads 3.23% against a $925,000 entry. Equity gained on principal adds $5,969/yr, while 5% annual appreciation compiles into $255,560 by year five. Five-year ROI reaches 18.41% and total cumulative return in cash sums $56,017. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,490/mo property income covering a $4,527/mo payment, not borrower’s personal income.
Single Family
Built in 1907
0.72 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jill Fochesato • CENTURY 21 Judge Fite
Mls Name: NTREIS
Mls ID: #21060049