








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 1621 Dragon Rd, Joshua, TX, 76058 offers $2,662/mo rent that, after a $1,492/mo payment, leaves $492/mo cash flow. Total monthly income is $2,662/mo, and annual cash flow is $5,905/yr on $101,074 cash. Return on cash invested measures 25.75% in year one, and rental yield stands at 10.48% at a $304,900 entry. Equity gained on principal adds $1,967/yr while 5% annual appreciation compounds into $84,238 by year five. Five-year ROI records 135.43% and total cumulative return in cash reaches $136,886. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,662/mo property income versus a $1,492/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
8,842 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 |
|---|---|---|
| 2024-09-30 | Price change | $304,900 |
| 2024-07-11 | Price change | $309,900 |
| 2024-06-27 | Listed for sale | $312,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $287,595 | N/A |
| 2023-12-27 | $5086.73 | 222.93% | $287,595 | 358.11% |
| 2022-12-27 | $1575.16 | -0.88% | $62,778 | N/A |



Listed by: Jason Bagley • Foundwell Realty
Mls Name: NTREIS
Mls ID: #20658129
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.