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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 303 Catherine St, Joshua, TX, 76058 with 5% annual appreciation on a $300,000 basis while $2,396/mo rent supports operations. Total monthly income totals $2,396/mo and a $1,468/mo payment preserves $263/mo for cash returns. Annual cash flow comes to $3,156/yr on $99,450 deployed, and return on cash invested reaches 23.08% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 9.58%. Five-year ROI measures 121.05% and total cumulative return in cash totals $120,384.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,396/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
8,581 sqft 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 |
|---|---|---|
| 2024-12-10 | Listed for sale | $300,000 |
| 2024-12-04 | Contingent | $300,000 |
| 2024-11-22 | Listed for sale | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $301,564 | 18.84% |
| 2023-12-27 | $4359.38 | -31.53% | $253,749 | N/A |
| 2022-12-27 | $6366.80 | 27.18% | $253,749 | 18.24% |
Listed by: Sylvia Dipnarinesingh • League Real Estate
Mls Name: NTREIS
Mls ID: #20782864
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.
