123 Smith St, Boyd, TX, 76023 | 5.85% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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123 Smith St, Boyd, TX, 76023 | 5.85% Rental Yield | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Boyd at 123 Smith St, Boyd, TX, 76023 priced at $499,490 converts $2,436/mo rent into after a $2,445/mo obligation. Total monthly income equals $2,436/mo. Return on cash invested prints 11.82% in year one, and rental yield reads 5.85% against a $499,490 entry. Equity gained on principal adds $3,223/yr, while 5% annual appreciation compiles into $138,000 by year five. Five-year ROI reaches 60.67% and total cumulative return in cash sums $100,456. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,436/mo property income covering a $2,445/mo payment, not borrower’s personal income.

Single Family

Built in 2025

1.03 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming 1-Acre Country Retreat in Boyd ISD! From now until month end, start your new home with only $500 earnest money! Completion anticipated end of August. The finished pictures shown are representative of 1.5 story Fremont. Contact Community Sales Manager for details on 123 RJ Smith. Welcome to Arbor Oaksa quiet, private community just south of Boyd, featuring spacious 1-acre homesites, no HOA and an incredibly low 1.3% tax rate. The Fremont 1.5-story plan features 5 bedrooms, 3 bathrooms, and a spacious private studyperfect for work or relaxation. The primary suite includes split vanities, a garden tub, a large walk-in shower with a drop pan, and direct access to the utility room from the closet for added convenience. Outside, enjoy a 3-car garage, a covered patio, and plenty of space to add a pool, workshop, or garden. Come see what makes Arbor Oaks specialand why its the perfect place to call home.

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