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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% |
Rental property for sale in Flower Mound at 1904 Strait Ln, Flower Mound, TX, 75028 generates $4,916/mo in rent, after a $3,654/mo payment. Total monthly income is $4,916/mo. Return on cash invested sits at 17.98% in year one, and rental yield is 7.9% on a $746,500 entry. Equity gained on principal adds $4,817/yr, while 5% annual appreciation builds toward $206,244 over five years. Five-year ROI reaches 93.72% and total cumulative return in cash sums $230,183. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,916/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.28 Acres lot
$N/A/sqft
$400 annually 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 |
|---|---|---|
| 2025-02-07 | Price change | $746,500 |
| 2025-01-16 | Price change | $747,000 |
| 2024-12-26 | Price change | $747,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $9391.03 | 10.79% | $642,865 | 10.00% |
| 2023-02-12 | $8476.16 | -7.44% | $584,423 | 10.00% |
| 2022-02-12 | $9157.12 | 0.15% | $531,294 | 7.90% |
Listed by: Matthew Holian • Monument Realty
Mls Name: NTREIS
Mls ID: #20754188
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.
