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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 801 Fm 3048, Joshua, TX, 76058 earns from $2,034/mo rent with a $3,402/mo payment. Total monthly income totals $2,034/mo. ROI tracks 4.8% on current figures, and rental yield reads 3.51% at a $695,000 purchase. Equity gained on principal adds $4,485/yr, and 5% annual appreciation supports $192,016 over five years. Five-year ROI reaches 22.99% and total cumulative return in cash sums $52,566. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,034/mo property income instead of your personal income.
Single Family
Built in 2001
11.13 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 |
|---|---|---|
| 2024-10-03 | Listed for sale | $695,000 |
| 2024-07-08 | Listing removed | $710,000 |
| 2024-07-08 | Price change | $710,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | N/A | N/A | $318,204 | 20.00% |
| 2023-10-22 | $1208.28 | -57.05% | $265,170 | 10.00% |
| 2022-10-22 | $2813.19 | -0.90% | $241,064 | N/A |
Listed by: Stephen Reich • Williams Trew Real Estate
Mls Name: NTREIS
Mls ID: #20732869
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.
