








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 311 Catherine St, Joshua, TX, 76058 listed at $290,000 pairs $3,767/mo rent with a $1,419/mo payment to leave $1,705/mo cash flow. Total monthly income runs $3,767/mo, and annual cash flow reaches $20,462/yr on $96,135 cash to close. Return on cash invested measures 41.19% in year one, and rental yield registers 15.59% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 218.24% and total cumulative return in cash totals $209,800. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,767/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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 |
|---|---|---|
| 2024-08-10 | Price change | $290,000 |
| 2024-07-19 | Price change | $300,000 |
| 2024-07-10 | Price change | $320,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $4185.61 | -17.74% | $245,663 | 8.03% |
| 2022-08-14 | $5088.00 | 5.79% | $227,396 | 10.00% |
| 2021-08-14 | $4809.32 | 2.64% | $206,724 | 10.00% |



Listed by: Lorelie Weber • Keller Williams Brazos West
Mls Name: NTREIS
Mls ID: #20646557
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