








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Joshua at 701 Waterford Way, Joshua, TX, 76058 uses $138,567 cash to close to unlock $5,369/yr annual cash flow and $447/mo monthly cash flow. Total monthly income runs $3,420/mo, and a $2,046/mo payment keeps the spread at $447/mo. Purchase price stands at $418,000, and rental yield measures 9.82% with $3,420/mo rent. Return on cash invested shows 23.78% in year one, and 5% annual appreciation builds toward $115,486 over five years. Five-year ROI reaches 124.85% and total cumulative return in cash records $173,007. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,420/mo property income covering a $2,046/mo payment rather than investor’s personal income.
Single Family
Built in 2020
10,585 sqft 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 |
|---|---|---|
| 2025-02-07 | Listed for sale | $418,000 |
| 2020-08-24 | Sold | N/A |
| 2020-07-27 | Pending sale | $299,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-11 | N/A | N/A | $378,466 | 10.00% |
| 2023-02-11 | $6300.20 | -12.50% | $344,060 | 10.00% |
| 2022-02-11 | $7200.03 | 6.72% | $312,782 | 10.00% |



Listed by: Christie Cannon • Keller Williams Frisco Stars
Mls Name: NTREIS
Mls ID: #20837383
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.