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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% |
Rental property for sale in Joshua at 2032 Gentle Springs Dr, Joshua, TX, 76058 priced at $500,000 pairs $2,382/mo rent with after a $2,447/mo payment. Total monthly income equals $2,382/mo. Return on cash invested is 11.29% in year one, and rental yield stands at 5.72% on a $500,000 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,141 by year five. Five-year ROI measures 57.88% and total cumulative return in cash reaches $95,936. For financing, Ziffy Mortgage’s DSCR program evaluates $2,382/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
1.04 Acres lot
$N/A/sqft
$200 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 |
|---|---|---|
| 2025-04-11 | Listed for sale | $500,000 |
| 2022-10-20 | Sold | N/A |
| 2022-09-28 | Pending sale | $415,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-11 | N/A | N/A | $178,133 | 9.13% |
| 2023-04-11 | $2961.13 | -25.18% | $163,237 | -39.29% |
| 2022-04-11 | $3957.62 | 0.37% | $268,863 | 10.00% |
Listed by: Angelique Burkett • Realty Of America, LLC
Mls Name: NTREIS
Mls ID: #20897045
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.
