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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 248 Hamm Rd, Boyd, TX, 76023 offers $2,436/mo rent that, after a $4,894/mo payment. Total monthly income is $2,436/mo. Return on cash invested measures 3.01% in year one, and rental yield stands at 2.92% at a $999,900 entry. Equity gained on principal adds $6,452/yr while 5% annual appreciation compounds into $276,254 by year five. Five-year ROI records 13.4% and total cumulative return in cash reaches $44,084. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,436/mo property income versus a $4,894/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
14.05 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-11-16 | Listed for sale | $999,900 |
| 2024-09-30 | Listing removed | $1,099,900 |
| 2024-07-02 | Price change | $1,099,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | N/A | N/A | $912,588 | 7.17% |
| 2023-02-12 | $5633.23 | N/A | $851,558 | 23.28% |
| 2022-02-12 | N/A | N/A | $690,738 | 22.07% |
Listed by: Jared Lucier • Parker Properties Real Estate
Mls Name: NTREIS
Mls ID: #20775866
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.
