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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 2908 Berry Patch Ln, Joshua, TX, 76058 offers $2,189/mo rent that, after a $1,199/mo payment, leaves $447/mo cash flow. Total monthly income is $2,189/mo, and annual cash flow is $5,363/yr on $81,218 cash. Return on cash invested measures 26.51% in year one, and rental yield stands at 10.72% at a $245,000 entry. Equity gained on principal adds $1,581/yr while 5% annual appreciation compounds into $67,689 by year five. Five-year ROI records 139.46% and total cumulative return in cash reaches $113,268. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,189/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
1 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 |
|---|---|---|
| 2024-12-04 | Price change | $245,000 |
| 2024-11-15 | Price change | $249,900 |
| 2024-11-07 | Listed for sale | $255,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $91,078 | 20.00% |
| 2023-12-27 | $325.08 | -56.40% | $75,898 | 10.00% |
| 2022-12-27 | $745.68 | -12.66% | $68,998 | 10.00% |
Listed by: Cameron Love • Texcel Real Estate, LLC
Mls Name: NTREIS
Mls ID: #20762287
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.
