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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 3238 Fm 2048, Boyd, TX, 76023 generates $3,188/mo in rent, after a $2,986/mo payment. Total monthly income is $3,188/mo. Return on cash invested sits at 13.18% in year one, and rental yield is 6.27% on a $610,000 entry. Equity gained on principal adds $3,936/yr, while 5% annual appreciation builds toward $168,532 over five years. Five-year ROI reaches 67.96% and total cumulative return in cash sums $136,387. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,188/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
2 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 |
|---|---|---|
| 2025-08-15 | Listed for sale | $610,000 |
| 2020-11-20 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-15 | $1726.50 | 2.04% | $595,708 | -0.72% |
| 2023-08-15 | $1691.94 | N/A | $600,029 | 24.09% |
| 2022-08-15 | N/A | N/A | $483,547 | 544.82% |
Listed by: Jessica Clark • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #21032057
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.
