3012 Reid DrFlower MoundTX75022
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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 3012 Reid Dr, Flower Mound, TX, 75022 offers a 4.06% rental yield on a $1,219,900 purchase with $4,127/mo rent. 56% in year one. Equity gained on principal adds $7,872/yr while 5% annual appreciation supports $337,036 over five years. Portfolio math shows five-year ROI at 32.4% and total cumulative return in cash at $128,071. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,127/mo property income against a $5,971/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75022, Flower Mound, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,612 (100%) |
| Owner Occupied HU | 7,573 (78.8%) |
| Renter Occupied HU | 1,722 (17.9%) |
| Vacant Housing Units | 317 ( 3.3%) |
| Median Home Value | $690,231 |
| Average Home Value | $744,538 |
Housing Distribution
Address Breakdown
Residential
9,424
Single Family
8,228
Multi-Family
1,196
Businesses
414
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Listed by: Ashley Massey • Douglas Elliman
Mls Name: Douglas Elliman
Mls ID: #21072450