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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% |
Rental property for sale in Joshua at 6316 Sundance Cir, Joshua, TX, 76058 offers $3,272/mo rent that, after a $3,059/mo payment. Total monthly income is $3,272/mo. Return on cash invested measures 13.22% in year one, and rental yield stands at 6.28% at a $625,000 entry. Equity gained on principal adds $4,033/yr while 5% annual appreciation compounds into $172,676 by year five. Five-year ROI records 68.16% and total cumulative return in cash reaches $140,149. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,272/mo property income versus a $3,059/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
4.75 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 |
|---|---|---|
| 2024-12-18 | Listed for sale | $625,000 |
| 2023-12-15 | Listing removed | N/A |
| 2023-12-14 | Price change | $600,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $419,147 | N/A |
| 2023-12-27 | $5457.22 | -15.55% | $419,147 | 7.65% |
| 2022-12-27 | $6462.16 | 6.09% | $389,344 | 10.00% |
Listed by: Michelle Martin • JPAR Arlington
Mls Name: NTREIS
Mls ID: #20789182
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.
