16102 Blue Mesa Ridge 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 16102 Blue Mesa Ridge Dr, Friendswood, TX, 77546 earns $898/mo cash flow from $3,736/mo rent with a $1,933/mo payment. Total monthly income totals $3,736/mo, and annual cash flow totals $10,772/yr on $130,909 capital. ROI tracks 28.14% on current figures, and rental yield reads 11.35% at a $394,900 purchase. Equity gained on principal adds $2,548/yr, and 5% annual appreciation supports $109,104 over five years. Five-year ROI reaches 148.28% and total cumulative return in cash sums $194,111. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,736/mo property income instead of your personal income.
Single Family
Built in 1993
7,405 sqft lot
$N/A/sqft
$30 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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