2116 Morgan DrFlower MoundTX75028
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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
Investment Highlights
Investment property for sale in Flower Mound at 2116 Morgan Dr, Flower Mound, TX, 75028 listed at $775,000 pairs $5,209/mo rent with a $3,793/mo payment. Total monthly income runs $5,209/mo. Return on cash invested measures 18.46% in year one, and rental yield registers 8.07% at a $775,000 basis. Equity gained on principal adds $5,001/yr, and annual property appreciation at 5% supports $214,118 by year five. Five-year ROI tracks 96.33% and total cumulative return in cash totals $245,623. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,209/mo property income relative to a $3,793/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.35 Acres lot
$N/A/sqft
$450 annually HOA
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 |
Housing Distribution
Address Breakdown
Residential
18,143
Single Family
15,492
Multi-Family
2,651
Businesses
1,107
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Listed by: Tricia Hoffmann • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20909619
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.