140 Greengate DrBoydTX76023
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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 140 Greengate Dr, Boyd, TX, 76023 offers a 11.35% rental yield on a $257,500 purchase with $2,436/mo rent. Total monthly income registers $2,436/mo, and a $1,260/mo payment leaves $605/mo available for distribution. Annual cash flow reaches $7,263/yr on $85,361 to close, and return on cash invested stands at 28.42% in year one. Equity gained on principal adds $1,662/yr while 5% annual appreciation supports $71,143 over five years. Portfolio math shows five-year ROI at 149.72% and total cumulative return in cash at $127,801. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,436/mo property income against a $1,260/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
4,617 sqft 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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