Bynum Plan, Sterling Creek 60' HomesitesFriendswoodTX77546
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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 Bynum Plan, Sterling Creek 60' Homesites, Friendswood, TX, 77546 priced at $552,990 converts $4,484/mo rent into $551/mo cash flow after a $2,707/mo obligation. Total monthly income equals $4,484/mo, and annual cash flow totals $6,614/yr on $181,934 invested. Return on cash invested prints 23.7% in year one, and rental yield reads 9.73% against a $552,990 entry. Equity gained on principal adds $3,568/yr, while 5% annual appreciation compiles into $152,781 by year five. Five-year ROI reaches 124.34% and total cumulative return in cash sums $226,224. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,484/mo property income covering a $2,707/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No 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: April Bradshaw • David Weekley Homes
Mls Name: David Weekley Homes
Mls Provider:
Mls ID: #N/A