2404 Garnetfield LnFriendswoodTX77546
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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
Rental property for sale in Friendswood at 2404 Garnetfield Ln, Friendswood, TX, 77546 generates $4,004/mo in rent and, after a $2,594/mo payment, leaves $114/mo in cash flow. Total monthly income is $4,004/mo, and annual cash flow is $1,372/yr on $174,370 invested. Return on cash invested sits at 20.85% in year one, and rental yield is 9.07% on a $529,999 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 109.37% and total cumulative return in cash sums $190,710. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,004/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
8,163 sqft lot
$N/A/sqft
$1,450 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: Paige Pourjahan • TADA Realty Group
Mls Name: HAR
Mls Provider:
Mls ID: #26200671
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