








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 Flower Mound at 1508 Redwood Crest Ln, Flower Mound, TX, 75028 listed at $615,000 pairs $4,876/mo rent with a $3,010/mo payment to leave $503/mo cash flow. Total monthly income runs $4,876/mo, and annual cash flow reaches $6,033/yr on $202,335 cash to close. Return on cash invested measures 23.04% in year one, and rental yield registers 9.51% at a $615,000 basis. Equity gained on principal adds $3,969/yr, and annual property appreciation at 5% supports $169,913 by year five. Five-year ROI tracks 120.82% and total cumulative return in cash totals $244,469. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,876/mo property income relative to a $3,010/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75028, Flower Mound, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,090 (100%) |
| Owner Occupied HU | 13,744 (76.0%) |
| Renter Occupied HU | 3,868 (21.4%) |
| Vacant Housing Units | 478 ( 2.6%) |
| Median Home Value | $534,344 |
| Average Home Value | $587,676 |
Residential
18,143
Single Family
15,492
Multi-Family
2,651
Businesses
1,107
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lisa Golding • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #21038731