Spring Cress Plan, Mockingbird HillsJoshuaTX76058
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Joshua at Spring Cress Plan, Mockingbird Hills, Joshua, TX, 76058 priced at $508,990 converts $4,040/mo rent into $421/mo cash flow after a $2,491/mo obligation. Total monthly income equals $4,040/mo, and annual cash flow totals $5,049/yr on $167,458 invested. Return on cash invested prints 23.08% in year one, and rental yield reads 9.52% against a $508,990 entry. Equity gained on principal adds $3,284/yr, while 5% annual appreciation compiles into $140,625 by year five. Five-year ROI reaches 121% and total cumulative return in cash sums $202,630. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,040/mo property income covering a $2,491/mo payment, not borrower’s personal income.
Single Family
Built in 2026
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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