








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 407 Grayson Ct, Joshua, TX, 76058 offers $2,269/mo rent that, after a $1,346/mo payment, leaves $313/mo cash flow. Total monthly income is $2,269/mo, and annual cash flow is $3,761/yr on $91,163 cash. Return on cash invested measures 24.03% in year one, and rental yield stands at 9.9% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 126.21% and total cumulative return in cash reaches $115,055. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,269/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
6,316 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Virginia Padilla • Jason Mitchell Real Estate
Mls Name: NTREIS
Mls ID: #21101933