1114 Richards DrFriendswoodTX77546
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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
Investment property for sale in Friendswood at 1114 Richards Dr, Friendswood, TX, 77546 with 5% annual appreciation on a $475,000 basis while $3,758/mo rent supports operations. Total monthly income totals $3,758/mo and a $2,325/mo payment preserves $351/mo for cash returns. Annual cash flow comes to $4,211/yr on $157,463 deployed, and return on cash invested reaches 22.58% in year one. Equity gained on principal adds $3,065/yr, and five-year appreciation sums $131,234 alongside rental yield of 9.49%. Five-year ROI measures 118.47% and total cumulative return in cash totals $186,547.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,758/mo property income versus a $2,325/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
7,801 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77546, Friendswood, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,116 (100%) |
| Owner Occupied HU | 15,639 (74.1%) |
| Renter Occupied HU | 4,813 (22.8%) |
| Vacant Housing Units | 664 ( 3.1%) |
| Median Home Value | $384,019 |
| Average Home Value | $441,191 |
Housing Distribution
Address Breakdown
Residential
20,364
Single Family
17,359
Multi-Family
3,005
Businesses
1,330
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Listed by: Dawn Johnson • Martha Turner Sotheby's International Realty - Bay Area
Mls Name: HAR
Mls Provider:
Mls ID: #71384150
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