1408 S Friendswood Dr UNIT 101FriendswoodTX77546
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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 1408 S Friendswood Dr UNIT 101, Friendswood, TX, 77546 listed at $439,000 pairs $3,791/mo rent with a $2,149/mo payment to leave $404/mo cash flow. Total monthly income runs $3,791/mo, and annual cash flow reaches $4,847/yr on $145,529 cash to close. Return on cash invested measures 23.24% in year one, and rental yield registers 10.36% at a $439,000 basis. Equity gained on principal adds $2,833/yr, and annual property appreciation at 5% supports $121,288 by year five. Five-year ROI tracks 122.7% and total cumulative return in cash totals $178,556. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,791/mo property income relative to a $2,149/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2003
2,943 sqft lot
$N/A/sqft
$265 monthly 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: Leslie Boudreaux • Vaughn Realty & Co.
Mls Name: HAR
Mls Provider:
Mls ID: #88839021
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