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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 9224 Montana St, Joshua, TX, 76058 uses $89,174 cash to close to unlock $18,537/yr annual cash flow and $1,545/mo monthly cash flow. Total monthly income runs $3,458/mo, and a $1,317/mo payment keeps the spread at $1,545/mo. Purchase price stands at $269,000, and rental yield measures 15.43% with $3,458/mo rent. Return on cash invested shows 40.7% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 215.52% and total cumulative return in cash records $192,191. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,458/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Manufactured
Built in 2006
1.57 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 |
|---|---|---|
| 2024-08-05 | Listed for sale | $269,000 |
| 2024-07-30 | Contingent | $269,000 |
| 2024-07-23 | Listed for sale | $269,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $395.98 | -67.16% | $120,139 | 10.00% |
| 2022-08-14 | $1205.88 | 0.50% | $109,217 | 10.00% |
| 2021-08-14 | $1199.92 | -37.92% | $99,288 | 1.57% |
Listed by: Lia Karanian • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20677750
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.
