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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 622 N Crockett St, Granbury, TX, 76048 offers $3,948/mo rent that, after a $2,521/mo payment, leaves $285/mo cash flow. Total monthly income is $3,948/mo, and annual cash flow is $3,425/yr on $169,435 cash. Return on cash invested measures 22.08% in year one, and rental yield stands at 9.2% at a $515,000 entry. Equity gained on principal adds $3,323/yr while 5% annual appreciation compounds into $142,285 by year five. Five-year ROI records 115.68% and total cumulative return in cash reaches $196,009. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,948/mo property income versus a $2,521/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.52 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 |
|---|---|---|
| 2024-08-06 | Price change | $515,000 |
| 2024-07-31 | Listed for sale | $550,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $5506.74 | 10.62% | $343,780 | 18.15% |
| 2022-08-13 | $4977.88 | 5.63% | $290,980 | 17.08% |
| 2021-08-13 | $4712.40 | -1.64% | $248,530 | 0.19% |
Listed by: Holly Beckley • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20603659
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.
