5520 Baron 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 5520 Baron Dr, Joshua, TX, 76058 uses $77,903 cash to close to unlock $2,893/yr annual cash flow and $241/mo monthly cash flow. Total monthly income runs $1,912/mo, and a $1,150/mo payment keeps the spread at $241/mo. Purchase price stands at $235,000, and rental yield measures 9.76% with $1,912/mo rent. Return on cash invested shows 23.62% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 124.02% and total cumulative return in cash records $96,616. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,912/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
1.14 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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