Concept 2972 Plan, Mockingbird HillsJoshuaTX76058
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Joshua at Concept 2972 Plan, Mockingbird Hills, Joshua, TX, 76058 uses $157,459 cash to close to unlock $6,913/yr annual cash flow and $576/mo monthly cash flow. Total monthly income runs $3,954/mo, and a $2,325/mo payment keeps the spread at $576/mo. Purchase price stands at $474,990, and rental yield measures 9.99% with $3,954/mo rent. Return on cash invested shows 24.3% in year one, and 5% annual appreciation builds toward $131,231 over five years. Five-year ROI reaches 127.62% and total cumulative return in cash records $200,944. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,954/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76058, Joshua, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,893
Single Family
7,356
Multi-Family
537
Businesses
421
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