7404 Hanover CtGranburyTX76049
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Granbury at 7404 Hanover Ct, Granbury, TX, 76049 generates $9,454/mo in rent and, after a $4,574/mo payment, leaves $2,609/mo in cash flow. Total monthly income is $9,454/mo, and annual cash flow is $31,302/yr on $307,451 invested. Return on cash invested sits at 30.24% in year one, and rental yield is 12.14% on a $934,500 entry. Equity gained on principal adds $6,030/yr, while 5% annual appreciation builds toward $258,185 over five years. Five-year ROI reaches 159.72% and total cumulative return in cash sums $491,059. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $9,454/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
1.08 Acres lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76049, Granbury, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,356
Single Family
14,303
Multi-Family
53
Businesses
953
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Listed by: Sarah Daniels • Brazos River Realty, LLC
Mls Name: NTREIS
Mls ID: #20590328
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.