1813 Strait Ln, Flower Mound, TX, 75028 | 8.06% Rental Yield

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1813 Strait Ln, Flower Mound, TX, 75028 | 8.06% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Flower Mound at 1813 Strait Ln, Flower Mound, TX, 75028 generates $3,326/mo in rent, after a $2,423/mo payment. Total monthly income is $3,326/mo. Return on cash invested sits at 18.49% in year one, and rental yield is 8.06% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 96.43% and total cumulative return in cash sums $158,242. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,326/mo property income rather than buyer’s personal income.

Single Family

Built in 1993

8,276 sqft lot

$N/A/sqft

No HOA

More details about the property

Perfectly situated in the desirable Flower Mound neighborhood of Shadow Ridge, this home offers space for all. Enter into this open concept home with beautiful Engineered Wood floors and neutral paint in most rooms. This open family room, kitchen and breakfast area brings everyone together for all the gatherings. A second living-dining space at the front of the home affords flexibility and creativity for your specific needs. The spacious owners suite has direct access to the back patio, for a relaxing morning! The 4th bedroom could also be an office or play space. Lots of opportunities to make these spaces your own. Enjoy an easy walk to Shadow Ridge Park which has a playground, picnic area, basketball court and walking trails fun for all! It's also located near shopping, restaurants and easy access to highways and DFW Airport. You will especially want to check out the restaurants and shops at nearby walkable Lakeside DFW. This home has the highly sought-after Flower Mound schools. Dont miss out on the opportunity to make this stunning property yours! All information is reliable but not guaranteed. Buyer and Buyer's Agent to verify all information including room measurements and schools.

Neighborhood Data

Neighborhood data shown for ZIP Code: 75028, Flower Mound, TX area.

Housing Distribution

Housing Statistics

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