








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 164 Rock Dove, Joshua, TX, 76058 priced at $489,000 converts $5,142/mo rent into $1,665/mo cash flow after a $2,393/mo obligation. Total monthly income equals $5,142/mo, and annual cash flow totals $19,981/yr on $162,104 invested. Return on cash invested prints 32.23% in year one, and rental yield reads 12.62% against a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation compiles into $135,102 by year five. Five-year ROI reaches 170.17% and total cumulative return in cash sums $275,854. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,142/mo property income covering a $2,393/mo payment, not borrower’s personal income.
Single Family
Built in 2021
1.24 Acres 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 |
|---|---|---|
| 2024-07-11 | Price change | $489,000 |
| 2024-02-05 | Price change | $499,000 |
| 2024-01-18 | Listed for sale | $509,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $4321.48 | -24.98% | $323,077 | N/A |
| 2022-08-14 | $5760.73 | 415.02% | $323,077 | 477.13% |
| 2021-08-14 | $1118.54 | 51.58% | $55,980 | 50.00% |



Listed by: Kris Johnson • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20514482
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.