613 W Sheila CirJoshuaTX76058
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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
Rental property for sale in Joshua at 613 W Sheila Cir, Joshua, TX, 76058 generates $2,802/mo in rent, after a $1,944/mo payment. Total monthly income is $2,802/mo. Return on cash invested sits at 19.69% in year one, and rental yield is 8.47% on a $397,152 entry. Equity gained on principal adds $2,563/yr, while 5% annual appreciation builds toward $109,726 over five years. Five-year ROI reaches 102.88% and total cumulative return in cash sums $135,442. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,802/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
10,236 sqft 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: Lily Moore • Lily Moore Realty
Mls Name: NTREIS
Mls ID: #20968531
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.