8511 Westover Ct APT 116GranburyTX76049
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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
Total monthly income runs $1,817/mo, and a $974/mo payment. Purchase price stands at $199,000, and rental yield measures 10.96% with $1,817/mo rent. Return on cash invested shows 18% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 97.15% and total cumulative return in cash records $64,086. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,817/mo property income covering a $974/mo payment rather than investor’s personal income.
Condo
Built in 1985
609.84 sqft lot
$N/A/sqft
$507 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: Eliza Knapp • Oz Realty
Mls Name: NTREIS
Mls ID: #20885386
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.