Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 2467 Morningside Dr, Flower Mound, TX, 75028 priced at $542,211 converts $7,069/mo rent into $2,973/mo cash flow after a $2,654/mo obligation. Total monthly income equals $7,069/mo, and annual cash flow totals $35,677/yr on $178,387 invested. Return on cash invested prints 40.06% in year one, and rental yield reads 15.64% against a $542,211 entry. Equity gained on principal adds $3,499/yr, while 5% annual appreciation compiles into $149,803 by year five. Five-year ROI reaches 212.69% and total cumulative return in cash sums $379,416. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,069/mo property income covering a $2,654/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
1,393 sqft lot
$N/A/sqft
$240 monthly 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 |
|---|---|---|
| 2024-05-30 | Price change | $542,211 |
| 2024-05-18 | Price change | $557,211 |
| 2024-05-17 | Price change | $572,211 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $2073.45 | 3.78% | $40,145 | 20.00% |
| 2022-08-13 | $1997.98 | -22.01% | $33,454 | -40.00% |
| 2021-08-13 | $2561.68 | -14.44% | $55,757 | N/A |
Listed by: Karla Davis • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20665148
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.
