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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Joshua at 4116 Piester Pl, Joshua, TX, 76058 listed at $285,000 pairs $3,646/mo rent with a $1,395/mo payment to leave $1,619/mo cash flow. Total monthly income runs $3,646/mo, and annual cash flow reaches $19,431/yr on $94,478 cash to close. Return on cash invested measures 40.48% in year one, and rental yield registers 15.35% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 214.38% and total cumulative return in cash totals $202,542. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,646/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2023
2.00 Acres 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 |
|---|---|---|
| 2024-08-09 | Price change | $285,000 |
| 2024-07-24 | Listed for sale | $289,999 |
| 2024-05-23 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $445.85 | N/A | $28,317 | N/A |
Listed by: Celissa Irizarry • Corey Simpson & Associates
Mls Name: NTREIS
Mls ID: #20616596
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
