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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 1640 Glade Meadows Dr, Joshua, TX, 76058 with 5% annual appreciation on a $350,000 basis while $2,034/mo rent supports operations. 61% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,699 alongside rental yield of 6.97%. Five-year ROI measures 70.89% and total cumulative return in cash totals $82,250. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,034/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
10,585 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 |
|---|---|---|
| 2024-07-30 | Price change | $350,000 |
| 2024-06-27 | Listed for sale | $355,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $7296.36 | 17.16% | $338,926 | 30.33% |
| 2022-08-14 | $6227.72 | 5.95% | $260,052 | 8.21% |
| 2021-08-14 | $5878.10 | 644.28% | $240,332 | 701.11% |
Listed by: Michael Austin • ARC Realty DFW
Mls Name: NTREIS
Mls ID: #20655459
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.
