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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 1612 Baker St, Joshua, TX, 76058 uses $108,699 cash to close to unlock $5,054/yr annual cash flow and $421/mo monthly cash flow. Total monthly income runs $2,753/mo, and a $1,605/mo payment keeps the spread at $421/mo. Purchase price stands at $327,900, and rental yield measures 10.08% with $2,753/mo rent. Return on cash invested shows 24.56% in year one, and 5% annual appreciation builds toward $90,593 over five years. Five-year ROI reaches 129.01% and total cumulative return in cash records $140,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,753/mo property income covering a $1,605/mo payment rather than investor’s personal income.
Single Family
Built in 1956
8,886 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 |
|---|---|---|
| 2024-10-14 | Price change | $327,900 |
| 2024-09-24 | Listed for sale | $337,900 |
| 2024-05-24 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | N/A | N/A | $226,437 | N/A |
| 2023-10-22 | $5039.85 | 52.10% | $226,437 | 71.47% |
| 2022-10-22 | $3313.44 | -0.88% | $132,057 | N/A |
Listed by: Jesus Ledezma • C21 Fine Homes Judge Fite
Mls Name: NTREIS
Mls ID: #20737750
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.
