204 Driftoak DrBoydTX76023
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 204 Driftoak Dr, Boyd, TX, 76023 priced at $333,990 converts $2,436/mo rent into $19/mo cash flow after a $1,635/mo obligation. Total monthly income equals $2,436/mo, and annual cash flow totals $228/yr on $110,718 invested. Return on cash invested prints 20.11% in year one, and rental yield reads 8.75% against a $333,990 entry. Equity gained on principal adds $2,155/yr, while 5% annual appreciation compiles into $92,275 by year five. Five-year ROI reaches 105.31% and total cumulative return in cash sums $116,595. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,436/mo property income covering a $1,635/mo payment, not borrower’s personal income.
Single Family
Built in 2025
7,043 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: #20824288
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.