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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 700 Saddleback Ln, Flower Mound, TX, 75028 offers $5,365/mo rent that, after a $3,132/mo payment, leaves $791/mo cash flow. Total monthly income is $5,365/mo, and annual cash flow is $9,492/yr on $210,560 cash. Return on cash invested measures 24.57% in year one, and rental yield stands at 10.06% at a $640,000 entry. Equity gained on principal adds $4,130/yr while 5% annual appreciation compounds into $176,820 by year five. Five-year ROI records 129.08% and total cumulative return in cash reaches $271,782. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,365/mo property income versus a $3,132/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
8,189 sqft lot
$N/A/sqft
$140 semi-annually 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 |
|---|---|---|
| 2024-07-26 | Listed for sale | $640,000 |
| 2018-10-01 | Listing removed | $339,000 |
| 2018-09-17 | Price change | $339,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $6357.92 | -9.19% | $454,021 | 10.00% |
| 2022-08-13 | $7001.60 | 1.39% | $412,746 | 9.76% |
| 2021-08-13 | $6905.64 | -3.42% | $376,036 | 0.19% |
Listed by: Melissa Hardy • Middleton Group Realty
Mls Name: NTREIS
Mls ID: #20684269
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.
