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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% |
Investment property for sale in Joshua at 117 Independence Dr, Joshua, TX, 76058 at $315,000 posts ROI 26.08% with $537/mo cash flow from $2,804/mo rent. Total monthly income equals $2,804/mo, and annual cash flow records $6,440/yr on $104,423 to close. Return on cash invested measures 26.08% and rental yield reads 10.68% at the current $315,000. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 by year five. Five-year ROI prints 137.25% and total cumulative return in cash totals $143,321.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,804/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
7,797 sqft lot
$N/A/sqft
$325 annually 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 |
|---|---|---|
| 2024-10-08 | Price change | $315,000 |
| 2024-09-30 | Price change | $325,000 |
| 2024-09-10 | Price change | $340,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Anthony Giglio • Metrolina Estates Realty LLC
Mls Name: NTREIS
Mls ID: #20700778
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.
