564A Cemetery RdBoydTX76023
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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 564A Cemetery Rd, Boyd, TX, 76023 offers $2,784/mo rent that, after a $1,429/mo payment, leaves $708/mo cash flow. Total monthly income is $2,784/mo, and annual cash flow is $8,493/yr on $96,798 cash. Return on cash invested measures 28.68% in year one, and rental yield stands at 11.44% at a $292,000 entry. Equity gained on principal adds $1,884/yr while 5% annual appreciation compounds into $80,674 by year five. Five-year ROI records 151.1% and total cumulative return in cash reaches $146,264. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,784/mo property income versus a $1,429/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A 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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