401 Eddy Ave, Joshua, TX, 76058 | 6.43% Rental Yield

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401 Eddy Ave, Joshua, TX, 76058 | 6.43% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Joshua at 401 Eddy Ave, Joshua, TX, 76058 at $490,000 posts ROI 13.55% with from $2,624/mo rent. Total monthly income equals $2,624/mo. Return on cash invested measures 13.55% and rental yield reads 6.43% at the current $490,000. Equity gained on principal adds $3,162/yr, and 5% annual appreciation supports $135,378 by year five. Five-year ROI prints 69.97% and total cumulative return in cash totals $113,652. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,624/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1984

3.71 Acres lot

$N/A/sqft

No HOA

More details about the property

What an incredible investment opportunity this is! Main home is 3-2-2 located on an 3.7 acre beautifully treed corner lot in Joshua ISD. Home features large extended front and back porches, metal roof, granite countertops, but is in need of flooring, paint, and other renovations which is reflected in the price. Guest house is 2-2-2 with an upstairs loft open to the living and island kitchen. There is also a 20x30 metal storage building as well as a 2 car carport on the property. This is an estate. Property is being sold as is, where is, with no warranties as to condition. This a multi parcel.The house and one acre is being sold with the 2.709 acre property directly behind. Survey is available to show property layout.

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