614 N Main StJoshuaTX76058
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
Rental property for sale in Joshua at 614 N Main St, Joshua, TX, 76058 priced at $284,999 pairs $2,036/mo rent with $9/mo cash flow after a $1,395/mo payment. Total monthly income equals $2,036/mo, and annual cash flow comes to $111/yr on $94,477 invested. Return on cash invested is 20.03% in year one, and rental yield stands at 8.57% on a $284,999 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 104.7% and total cumulative return in cash reaches $98,922. For financing, Ziffy Mortgage’s DSCR program evaluates $2,036/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
0.34 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: Van Duitsman • Tabernacle Realty LLC
Mls Name: NTREIS
Mls ID: #20778160
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.