7300 Hickory Springs RdFlower 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
Rental property for sale in Flower Mound at 7300 Hickory Springs Rd, Flower Mound, TX, 75022 priced at $799,900 pairs $3,587/mo rent with after a $3,915/mo payment. Total monthly income equals $3,587/mo. Return on cash invested is 10.48% in year one, and rental yield stands at 5.38% on a $799,900 basis. Equity gained on principal adds $5,162/yr, and 5% annual appreciation accumulates to $220,998 by year five. Five-year ROI measures 53.46% and total cumulative return in cash reaches $140,676. For financing, Ziffy Mortgage’s DSCR program evaluates $3,587/mo property income against a $3,915/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
1.35 Acres 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: Darrah Adamcik • Ebby Halliday, REALTORS
Mls Name: NTREIS
Mls ID: #20778289
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.