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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 8717 Skyline Dr, Joshua, TX, 76058 offers a 7.7% rental yield on a $290,000 purchase with $1,862/mo rent. 41% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 90.71% and total cumulative return in cash at $87,208. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,862/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
2 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 |
|---|---|---|
| 2025-02-08 | Price change | $290,000 |
| 2025-01-06 | Listed for sale | $297,500 |
| 2019-12-27 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-11 | N/A | N/A | $243,035 | 8.97% |
| 2023-02-11 | $3511.68 | -3.78% | $223,035 | 9.85% |
| 2022-02-11 | $3649.75 | 23.01% | $203,035 | 24.53% |
Listed by: Koko Gonzalez • Coldwell Banker Realty
Mls Name: NTREIS
Mls ID: #20810146
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.
