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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% |
Investment property for sale in Joshua at 704 Ridgeway Rd, Joshua, TX, 76058 earns $379/mo cash flow from $2,572/mo rent with a $1,395/mo payment. Total monthly income totals $2,572/mo, and annual cash flow totals $4,551/yr on $94,478 capital. ROI tracks 24.73% on current figures, and rental yield reads 10.83% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 130.68% and total cumulative return in cash sums $123,462. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,572/mo property income instead of your personal income.
Single Family
Built in 1963
0.36 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 |
|---|---|---|
| 2025-01-27 | Price change | $285,000 |
| 2024-11-07 | Price change | $275,000 |
| 2024-10-19 | Price change | $279,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-11 | N/A | N/A | $174,460 | -42.25% |
| 2023-02-11 | $6723.80 | 44.43% | $302,095 | 62.82% |
| 2022-02-11 | $4655.39 | -0.88% | $185,541 | N/A |
Listed by: Amanda Jones • Berkshire HathawayHS PenFed TX
Mls Name: NTREIS
Mls ID: #20720836
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.
