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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 2121 Flamingo Dr, Flower Mound, TX, 75028 uses $130,943 cash to close to unlock $2,597/yr annual cash flow and $216/mo monthly cash flow. Total monthly income runs $3,025/mo, and a $1,933/mo payment keeps the spread at $216/mo. Purchase price stands at $395,000, and rental yield measures 9.19% with $3,025/mo rent. Return on cash invested shows 21.89% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 114.7% and total cumulative return in cash records $150,186. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,025/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 1989
5,501 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 |
|---|---|---|
| 2025-05-31 | Listed for sale | $395,000 |
| 2013-10-11 | Listing removed | $1,650 |
| 2013-09-27 | Price change | $1,650 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-31 | $6204.06 | 3.34% | $366,465 | 4.19% |
| 2023-05-31 | $6003.79 | 6.45% | $351,740 | 15.95% |
| 2022-05-31 | $5640.27 | 11.70% | $303,347 | 16.96% |
Listed by: Misty Story • Story Real Estate
Mls Name: NTREIS
Mls ID: #20953339
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.
