








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 7840 Barley Field St, Joshua, TX, 76058 priced at $459,990 converts $2,334/mo rent into after a $2,251/mo obligation. Total monthly income equals $2,334/mo. Return on cash invested prints 11.87% in year one, and rental yield reads 6.09% against a $459,990 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,087 by year five. Five-year ROI reaches 61.19% and total cumulative return in cash sums $93,310. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,334/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Single Family
Built in 2024
7,200 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 |
|---|---|---|
| 2025-02-10 | Price change | $459,990 |
| 2025-01-06 | Price change | $464,990 |
| 2024-12-16 | Price change | $469,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-11 | N/A | N/A | $44,000 | N/A |
| 2023-02-11 | $5019.24 | N/A | $44,000 | N/A |



Listed by: Marsha Ashlock • Visions Realty & Investments
Mls Name: NTREIS
Mls ID: #20659608
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.