2929 Hamlett LnFlower 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 2929 Hamlett Ln, Flower Mound, TX, 75028 earns $238/mo cash flow from $3,260/mo rent with a $2,080/mo payment. Total monthly income totals $3,260/mo, and annual cash flow totals $2,855/yr on $140,888 capital. ROI tracks 21.94% on current figures, and rental yield reads 9.2% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 114.9% and total cumulative return in cash sums $161,885. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,260/mo property income instead of your personal income.
Single Family
Built in 1982
8,450 sqft lot
$N/A/sqft
No 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: Billy Vaselo • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #21098401