112 Friendship WayBoydTX76023
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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 Boyd at 112 Friendship Way, Boyd, TX, 76023 offers $3,480/mo rent that, after a $2,787/mo payment. Total monthly income is $3,480/mo. Return on cash invested measures 16.41% in year one, and rental yield stands at 7.33% at a $569,500 entry. Equity gained on principal adds $3,675/yr while 5% annual appreciation compounds into $157,342 by year five. Five-year ROI records 85.28% and total cumulative return in cash reaches $159,792. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,480/mo property income versus a $2,787/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
1 Acres lot
$N/A/sqft
No 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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