2006 Edgewater 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 2006 Edgewater Dr, Friendswood, TX, 77546 listed at $589,700 pairs $4,909/mo rent with a $2,886/mo payment to leave $683/mo cash flow. Total monthly income runs $4,909/mo, and annual cash flow reaches $8,194/yr on $194,011 cash to close. Return on cash invested measures 24.28% in year one, and rental yield registers 9.99% at a $589,700 basis. Equity gained on principal adds $3,805/yr, and annual property appreciation at 5% supports $162,923 by year five. Five-year ROI tracks 127.56% and total cumulative return in cash totals $247,482. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,909/mo property income relative to a $2,886/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
0.27 Acres lot
$N/A/sqft
$33 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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