190 Bay Meadows LnBoydTX76023
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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
Rental property for sale in Boyd at 190 Bay Meadows Ln, Boyd, TX, 76023 generates $2,436/mo in rent and, after a $1,527/mo payment, leaves $176/mo in cash flow. Total monthly income is $2,436/mo, and annual cash flow is $2,109/yr on $103,425 invested. Return on cash invested sits at 21.95% in year one, and rental yield is 9.37% on a $311,990 entry. Equity gained on principal adds $2,013/yr, while 5% annual appreciation builds toward $86,197 over five years. Five-year ROI reaches 115.16% and total cumulative return in cash sums $119,108. 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 2025
6,033 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: #20969650
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.