








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 128 Colonial Dr, Joshua, TX, 76058 offers a 10.28% rental yield on a $365,000 purchase with $3,128/mo rent. Total monthly income registers $3,128/mo, and a $1,786/mo payment leaves $513/mo available for distribution. Annual cash flow reaches $6,155/yr on $120,998 to close, and return on cash invested stands at 25% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,843 over five years. Portfolio math shows five-year ROI at 131.38% and total cumulative return in cash at $158,971. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,128/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
7,797 sqft lot
$N/A/sqft
$240 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 |
|---|---|---|
| 2025-05-24 | Listed for sale | $365,000 |
| 2023-01-27 | Sold | N/A |
| 2023-01-24 | Pending sale | $430,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Christina Kingery • Keller Williams Johnson County
Mls Name: NTREIS
Mls ID: #20946922
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.