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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 513 Apple St, Joshua, TX, 76058 uses $88,676 cash to close to unlock $2,100/yr annual cash flow and $175/mo monthly cash flow. Total monthly income runs $2,077/mo, and a $1,309/mo payment keeps the spread at $175/mo. Purchase price stands at $267,500, and rental yield measures 9.32% with $2,077/mo rent. Return on cash invested shows 22.28% in year one, and 5% annual appreciation builds toward $73,905 over five years. Five-year ROI reaches 116.81% and total cumulative return in cash records $103,580. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,077/mo property income covering a $1,309/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.31 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 |
|---|---|---|
| 2024-10-08 | Price change | $267,500 |
| 2024-08-13 | Pending sale | $265,000 |
| 2024-08-12 | Contingent | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | N/A | N/A | $266,554 | 44.11% |
| 2023-10-22 | $2881.07 | -20.47% | $184,960 | 10.00% |
| 2022-10-22 | $3622.41 | -14.90% | $168,145 | N/A |
Listed by: Margarita Resto • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20658662
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.
