103 Highgate CtBoydTX76023
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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 Boyd at 103 Highgate Ct, Boyd, TX, 76023 uses $190,787 cash to close to unlock $4,719/yr annual cash flow and $393/mo monthly cash flow. Total monthly income runs $4,625/mo, and a $2,838/mo payment keeps the spread at $393/mo. Purchase price stands at $579,900, and rental yield measures 9.57% with $4,625/mo rent. Return on cash invested shows 22.53% in year one, and 5% annual appreciation builds toward $160,216 over five years. Five-year ROI reaches 118.36% and total cumulative return in cash records $225,817. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,625/mo property income covering a $2,838/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.37 Acres lot
$N/A/sqft
$1,300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76023, Boyd, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,299 (100%) |
| Owner Occupied HU | 2,496 (75.7%) |
| Renter Occupied HU | 604 (18.3%) |
| Vacant Housing Units | 199 ( 6.0%) |
| Median Home Value | $354,418 |
| Average Home Value | $453,359 |
Housing Distribution
Address Breakdown
Residential
2,978
Single Family
2,978
Multi-Family
0
Businesses
261
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Listed by: Mey-Ling Pauri • Ultima Real Estate
Mls Name: NTREIS
Mls ID: #20787936
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.