3920 Dove Meadows 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
Investment property for sale in Joshua at 3920 Dove Meadows Ln, Joshua, TX, 76058 uses $107,738 cash to close to unlock $4,111/yr annual cash flow and $343/mo monthly cash flow. Total monthly income runs $2,654/mo, and a $1,591/mo payment keeps the spread at $343/mo. Purchase price stands at $325,000, and rental yield measures 9.8% with $2,654/mo rent. Return on cash invested shows 23.72% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 124.54% and total cumulative return in cash records $134,173. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,654/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Manufactured
Built in 2006
2.45 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