204 Thomas StJoshuaTX76058
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Joshua at 204 Thomas St, Joshua, TX, 76058 offers $2,230/mo rent that, after a $1,321/mo payment, leaves $311/mo cash flow. Total monthly income is $2,230/mo, and annual cash flow is $3,729/yr on $89,472 cash. Return on cash invested measures 24.08% in year one, and rental yield stands at 9.91% at a $269,900 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,568 by year five. Five-year ROI records 126.4% and total cumulative return in cash reaches $113,094. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,230/mo property income versus a $1,321/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76058, Joshua, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,893
Single Family
7,356
Multi-Family
537
Businesses
421
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