








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 1701 Summit Dr, Joshua, TX, 76058 offers $3,954/mo rent that, after a $2,911/mo payment. Total monthly income is $3,954/mo. Return on cash invested measures 18.37% in year one, and rental yield stands at 7.98% at a $594,777 entry. Equity gained on principal adds $3,838/yr while 5% annual appreciation compounds into $164,326 by year five. Five-year ROI records 95.78% and total cumulative return in cash reaches $187,432. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,954/mo property income versus a $2,911/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
1.20 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 |
|---|---|---|
| 2025-01-10 | Price change | $594,777 |
| 2024-11-20 | Price change | $608,997 |
| 2024-11-06 | Price change | $619,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-11 | N/A | N/A | $479,449 | 5.27% |
| 2023-02-11 | $6024.59 | -17.77% | $455,449 | 4.11% |
| 2022-02-11 | $7326.90 | -2.94% | $437,449 | 0.78% |



Listed by: Miranda Baligad • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20752409
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.