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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% |
Rental property for sale in Joshua at 1549 Grassy Meadows Dr, Joshua, TX, 76058 priced at $360,000 pairs $2,952/mo rent with $362/mo cash flow after a $1,762/mo payment. Total monthly income equals $2,952/mo, and annual cash flow comes to $4,343/yr on $119,340 invested. Return on cash invested is 23.55% in year one, and rental yield stands at 9.84% on a $360,000 basis. Equity gained on principal adds $2,323/yr, and 5% annual appreciation accumulates to $99,461 by year five. Five-year ROI measures 123.66% and total cumulative return in cash reaches $147,573. For financing, Ziffy Mortgage’s DSCR program evaluates $2,952/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
8,624 sqft lot
$N/A/sqft
$300 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 |
|---|---|---|
| 2024-09-13 | Listed for sale | $360,000 |
| 2021-09-10 | Sold | N/A |
| 2021-09-02 | Pending sale | $310,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | N/A | N/A | $368,317 | 10.00% |
| 2023-10-22 | $6036.14 | -10.67% | $334,834 | 9.49% |
| 2022-10-22 | $6756.80 | 5.34% | $305,802 | 16.61% |
Listed by: Kathy Carter • The Glory Team Realty LLC
Mls Name: NTREIS
Mls ID: #20719314
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.
