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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 7741 Gatevine Ave, Joshua, TX, 76058 generates $2,334/mo in rent, after a $1,982/mo payment. Total monthly income is $2,334/mo. Return on cash invested sits at 14.27% in year one, and rental yield is 6.92% on a $404,990 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation builds toward $111,891 over five years. Five-year ROI reaches 74.11% and total cumulative return in cash sums $99,502. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,334/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
6,124 sqft lot
$N/A/sqft
$1,020 annually 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 | $404,990 |
| 2024-09-16 | Listing removed | $489,990 |
| 2024-08-13 | Price change | $489,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $44,000 | N/A |
| 2023-12-27 | $4519.32 | N/A | $44,000 | N/A |
Listed by: Marsha Ashlock • Visions Realty & Investments
Mls Name: NTREIS
Mls ID: #20799232
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.
