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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 7744 Sweet Sorghum St, Joshua, TX, 76058 generates $2,815/mo in rent and, after a $1,664/mo payment, leaves $313/mo in cash flow. Total monthly income is $2,815/mo, and annual cash flow is $3,751/yr on $112,673 invested. Return on cash invested sits at 23.24% in year one, and rental yield is 9.94% on a $339,888 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,905 over five years. Five-year ROI reaches 122.24% and total cumulative return in cash sums $137,731. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,815/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
8,712 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 |
|---|---|---|
| 2024-10-21 | Price change | $339,888 |
| 2024-10-17 | Price change | $349,999 |
| 2024-10-12 | Price change | $339,888 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $44,000 | N/A |
| 2023-12-27 | $5019.24 | N/A | $44,000 | N/A |
Listed by: Ben Caballero • HomesUSA.com
Mls Name: NTREIS
Mls ID: #20702673
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.
