823 Blackfoot CtGranburyTX76048
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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
Investment property for sale in Granbury at 823 Blackfoot Ct, Granbury, TX, 76048 uses $36,465 cash to close to unlock $891/yr annual cash flow and $74/mo monthly cash flow. Total monthly income runs $864/mo, and a $538/mo payment keeps the spread at $74/mo. Purchase price stands at $110,000, and rental yield measures 9.43% with $864/mo rent. Return on cash invested shows 22.35% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 117.35% and total cumulative return in cash records $42,792. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $864/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1971
5,314 sqft lot
$N/A/sqft
$95 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76048, Granbury, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
13,237
Single Family
11,571
Multi-Family
1,666
Businesses
1,306
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Listed by: Michael Ballinger • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #21023991
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.