504 Conveyor DrJoshuaTX76058
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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
Investment property for sale in Joshua at 504 Conveyor Dr, Joshua, TX, 76058 with 5% annual appreciation on a $216,000 basis while $1,980/mo rent supports operations. Total monthly income totals $1,980/mo and a $1,057/mo payment preserves $444/mo for cash returns. Annual cash flow comes to $5,330/yr on $71,604 deployed, and return on cash invested reaches 27.35% in year one. Equity gained on principal adds $1,394/yr, and five-year appreciation sums $59,677 alongside rental yield of 11%. Five-year ROI measures 144.01% and total cumulative return in cash totals $103,119.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,980/mo property income versus a $1,057/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
1.70 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
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Listed by: Carie Gillingham • On The Move Realty LLC
Mls Name: NTREIS
Mls ID: #20832689
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.