5501 Baron DrJoshuaTX76058
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 5501 Baron Dr, Joshua, TX, 76058 offers a 9.48% rental yield on a $273,000 purchase with $2,156/mo rent. Total monthly income registers $2,156/mo, and a $1,336/mo payment leaves $215/mo available for distribution. Annual cash flow reaches $2,578/yr on $90,500 to close, and return on cash invested stands at 22.76% in year one. Equity gained on principal adds $1,762/yr while 5% annual appreciation supports $75,425 over five years. Portfolio math shows five-year ROI at 119.32% and total cumulative return in cash at $107,983. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,156/mo property income against a $1,336/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
0.53 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices