3516 Heather Glen DrFlower 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
Rental property for sale in Flower Mound at 3516 Heather Glen Dr, Flower Mound, TX, 75028 generates $5,644/mo in rent and, after a $3,348/mo payment, leaves $780/mo in cash flow. Total monthly income is $5,644/mo, and annual cash flow is $9,358/yr on $225,036 invested. Return on cash invested sits at 24.22% in year one, and rental yield is 9.9% on a $684,000 entry. Equity gained on principal adds $4,414/yr, while 5% annual appreciation builds toward $188,977 over five years. Five-year ROI reaches 127.14% and total cumulative return in cash sums $286,112. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,644/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
8,502 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Art Acosta • The Associates Realty Group
Mls Name: NTREIS
Mls ID: #21137783