3304 Cobbler LnJoshuaTX76058
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 3304 Cobbler Ln, Joshua, TX, 76058 offers $3,005/mo rent that, after a $2,085/mo payment. Total monthly income is $3,005/mo. Return on cash invested measures 19.7% in year one, and rental yield stands at 8.46% at a $426,000 entry. Equity gained on principal adds $2,749/yr while 5% annual appreciation compounds into $117,696 by year five. Five-year ROI records 102.94% and total cumulative return in cash reaches $145,375. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,005/mo property income versus a $2,085/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
1.05 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices