2420 Springhill AveFlower MoundTX75028
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2420 Springhill Ave, Flower Mound, TX, 75028 at $599,004 posts ROI 36.38% with $2,680/mo cash flow from $7,180/mo rent. Total monthly income equals $7,180/mo, and annual cash flow records $32,163/yr on $197,072 to close. Return on cash invested measures 36.38% and rental yield reads 14.38% at the current $599,004. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,494 by year five. Five-year ROI prints 192.9% and total cumulative return in cash totals $380,147.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,180/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2023
2,482 sqft lot
$N/A/sqft
$240 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karla Davis • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20342239
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.