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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 Boyd at 116 Highgate Ct, Boyd, TX, 76023 generates $2,436/mo in rent, after a $3,108/mo payment. Total monthly income is $2,436/mo. Return on cash invested sits at 6.16% in year one, and rental yield is 4.6% on a $635,000 entry. Equity gained on principal adds $4,098/yr, while 5% annual appreciation builds toward $175,439 over five years. Five-year ROI reaches 31% and total cumulative return in cash sums $64,760. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,436/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.49 Acres lot
$N/A/sqft
$1,300 annually HOA
Neighborhood data shown for ZIP Code: 76023, Boyd, TX area.
| 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 |
Residential
2,978
Single Family
2,978
Multi-Family
0
Businesses
261
Date | Event | Price |
|---|---|---|
| 2025-06-05 | Price change | $635,000 |
| 2025-04-01 | Price change | $645,000 |
| 2025-01-16 | Listed for sale | $649,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $13327.90 | 25.05% | $701,453 | 9.75% |
| 2023-07-01 | $10657.65 | N/A | $639,125 | 10.00% |
| 2022-07-01 | N/A | N/A | $581,023 | 10.00% |
Listed by: Talyn Provo • Douglas Elliman Real Estate
Mls Name: NTREIS
Mls ID: #20795583
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.
