








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 1417 Grassy Meadows Dr, Joshua, TX, 76058 uses $134,258 cash to close to unlock $6,495/yr annual cash flow and $541/mo monthly cash flow. Total monthly income runs $3,451/mo, and a $1,982/mo payment keeps the spread at $541/mo. Purchase price stands at $405,000, and rental yield measures 10.23% with $3,451/mo rent. Return on cash invested shows 24.75% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 130.11% and total cumulative return in cash records $174,686. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,451/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Single Family
Built in 2020
10,149 sqft lot
$N/A/sqft
$360 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 |
|---|---|---|
| 2025-05-23 | Listed for sale | $405,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-23 | N/A | N/A | $397,062 | 10.00% |
| 2023-05-23 | $6592.37 | -16.11% | $360,965 | 10.00% |
| 2022-05-23 | $7858.55 | 6.18% | $328,150 | 8.45% |



Listed by: Jonathan Cook • Realty Of America, LLC
Mls Name: NTREIS
Mls ID: #20942660
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.