








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 3209 Falcon Dr, Joshua, TX, 76058 priced at $405,000 pairs $2,942/mo rent with $62/mo cash flow after a $1,982/mo payment. Total monthly income equals $2,942/mo, and annual cash flow comes to $747/yr on $134,258 invested. Return on cash invested is 20.47% in year one, and rental yield stands at 8.72% on a $405,000 basis. Equity gained on principal adds $2,613/yr, and 5% annual appreciation accumulates to $111,894 by year five. Five-year ROI measures 107.06% and total cumulative return in cash reaches $143,738. For financing, Ziffy Mortgage’s DSCR program evaluates $2,942/mo property income against a $1,982/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
0.94 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 |
|---|---|---|
| 2024-09-30 | Listed for sale | $405,000 |
| 2024-09-19 | Listing removed | $405,000 |
| 2024-09-05 | Listed for sale | $410,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $405,760 | 47.40% |
| 2023-12-27 | $4334.25 | 81.83% | $275,280 | 107.60% |
| 2022-12-27 | $2383.62 | 42.67% | $132,600 | 44.44% |



Listed by: Tim Taylor • DMD Realty, LLC
Mls Name: NTREIS
Mls ID: #20718999
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.