701 E Haven CtFriendswoodTX77546
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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 701 E Haven Ct, Friendswood, TX, 77546 priced at $589,000 converts $4,266/mo rent into $45/mo cash flow after a $2,883/mo obligation. Total monthly income equals $4,266/mo, and annual cash flow totals $544/yr on $193,781 invested. Return on cash invested prints 20.34% in year one, and rental yield reads 8.69% against a $589,000 entry. Equity gained on principal adds $3,801/yr, while 5% annual appreciation compiles into $162,730 by year five. Five-year ROI reaches 106.43% and total cumulative return in cash sums $206,234. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,266/mo property income covering a $2,883/mo payment, not borrower’s personal income.
Single Family
Built in 1993
0.46 Acres lot
$N/A/sqft
$385 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: Deana Baggett • Realty Associates
Mls Name: HAR
Mls Provider:
Mls ID: #79041436
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