124 Birch StBoydTX76023
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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 124 Birch St, Boyd, TX, 76023 earns $2,299/mo cash flow from $4,555/mo rent with a $1,524/mo payment. Total monthly income totals $4,555/mo, and annual cash flow totals $27,592/yr on $103,188 capital. ROI tracks 46.65% on current figures, and rental yield reads 17.56% at a $311,275 purchase. Equity gained on principal adds $2,009/yr, and 5% annual appreciation supports $86,000 over five years. Five-year ROI reaches 247.63% and total cumulative return in cash sums $255,528. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,555/mo property income instead of your personal income.
Single Family
Built in 2024
5,749 sqft lot
$N/A/sqft
$500 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: Stephen Kahn • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20570494
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.