409 Grayson CtJoshuaTX76058
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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
Investment Highlights
Rental property for sale in Joshua at 409 Grayson Ct, Joshua, TX, 76058 generates $2,197/mo in rent and, after a $1,309/mo payment, leaves $295/mo in cash flow. Total monthly income is $2,197/mo, and annual cash flow is $3,543/yr on $88,643 invested. Return on cash invested sits at 23.91% in year one, and rental yield is 9.86% on a $267,400 entry. Equity gained on principal adds $1,725/yr, while 5% annual appreciation builds toward $73,878 over five years. Five-year ROI reaches 125.52% and total cumulative return in cash sums $111,265. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,197/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
6,359 sqft 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
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