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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 136 Greengate Dr, Boyd, TX, 76023 offers $2,220/mo rent that, after a $1,297/mo payment, leaves $112/mo cash flow. Total monthly income is $2,220/mo, and annual cash flow is $1,338/yr on $87,848 cash. Return on cash invested measures 21.43% in year one, and rental yield stands at 10.05% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 113.35% and total cumulative return in cash reaches $99,579. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,220/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
4,660 sqft lot
$N/A/sqft
$500 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 |
|---|---|---|
| 2025-08-28 | Listed for sale | $265,000 |
| 2025-08-20 | Listing removed | $277,000 |
| 2025-07-28 | Listed for sale | $277,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-28 | $6586.96 | 74.88% | $262,242 | 162.68% |
| 2023-08-28 | $3766.64 | N/A | $99,835 | N/A |
Listed by: Mary Lavin • Kimball Realty Group
Mls Name: NTREIS
Mls ID: #21043575
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.
