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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 Flower Mound at 1724 Meyerwood Ln S, Flower Mound, TX, 75028 with 5% annual appreciation on a $415,000 basis while $4,430/mo rent supports operations. Total monthly income totals $4,430/mo and a $2,031/mo payment preserves $1,479/mo for cash returns. Annual cash flow comes to $17,749/yr on $137,573 deployed, and return on cash invested reaches 32.81% in year one. Equity gained on principal adds $2,678/yr, and five-year appreciation sums $114,657 alongside rental yield of 12.81%. Five-year ROI measures 173.27% and total cumulative return in cash totals $238,377.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,430/mo property income versus a $2,031/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
5,357 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 |
|---|---|---|
| 2024-07-23 | Price change | $415,000 |
| 2024-07-01 | Price change | $430,000 |
| 2024-05-30 | Listed for sale | $440,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $6298.41 | 4.55% | $369,000 | 13.89% |
| 2022-08-13 | $6024.27 | 15.47% | $324,000 | 19.91% |
| 2021-08-13 | $5217.39 | 0.67% | $270,193 | 4.73% |
Listed by: Clairece Brown • WM Realty Tx LLC
Mls Name: NTREIS
Mls ID: #20628927
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.
