Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Joshua at 1169 Sapphire Ln, Joshua, TX, 76058 priced at $349,000 converts $3,853/mo rent into $1,361/mo cash flow after a $1,708/mo obligation. Total monthly income equals $3,853/mo, and annual cash flow totals $16,328/yr on $115,694 invested. Return on cash invested prints 34.02% in year one, and rental yield reads 13.25% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 179.77% and total cumulative return in cash sums $207,984. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,853/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 2013
10,105 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76058, Joshua, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,412 (100%) |
| Owner Occupied HU | 6,030 (71.7%) |
| Renter Occupied HU | 1,868 (22.2%) |
| Vacant Housing Units | 514 ( 6.1%) |
| Median Home Value | $317,351 |
| Average Home Value | $364,850 |
Residential
7,893
Single Family
7,356
Multi-Family
537
Businesses
421
Date | Event | Price |
|---|---|---|
| 2024-08-12 | Price change | $349,000 |
| 2024-07-07 | Price change | $355,000 |
| 2024-06-23 | Price change | $360,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $5923.71 | -10.36% | $329,552 | 10.00% |
| 2022-08-14 | $6608.11 | 13.81% | $299,593 | 19.08% |
| 2021-08-14 | $5806.24 | 3.02% | $251,589 | 10.00% |
Listed by: Tosya Kidd • 6th Ave Homes
Mls Name: NTREIS
Mls ID: #20588593
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.
