Boyd, TX — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

3.1%

Below average

Monthly Cash Flow

-$1,022

After all expenses

Price-to-Rent

17.2

Overpriced for rent

DSCR

0.48

Fails

📊 Key Metrics

Median Home Price
$368,280
Average Rent (3BR)
$1,780/mo
Price-to-Rent Ratio
17.2(high)
1% Rule
0.48%(fails — need 1%+)
Cash-on-Cash Return
-14.5%
Vacancy Rate
8.0%

📈 Market Strength

Unemployment Rate
4.3%(0% vs national)
Rent Growth (YoY)
+2.9%(national avg)
Population Growth
+1.5% YoY

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

Customize these numbers →

Property Tax Rate

1.68%

of assessed value (TX avg)

Median Income

$67,321

household (TX avg)

Rent-to-Income

31.7%

Moderate

Section 8 Max Rent

$1,780/mo

3BR voucher payment

🏛️ TX Investor Climate

Landlord Friendly

9/10

State Income Tax

✅ None

Property Tax

1.68% effective

Population Trend

+1.5% (3yr)

🏘️ Best Zip Codes in Boyd for Investors

76023
Cap Rate: 3.1%Cash Flow: -$1,022/mo$368,280
76023
Cap Rate: 3.1%Cash Flow: -$1,022/mo$368,280

All Zip Codes in Boyd

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
760233.1%-$1,022$368,280$1,780/mo0.48
760233.1%-$1,022$368,280$1,780/mo0.48