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Friendswood, TX Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,157
Monthly Cash Flow
-$807
Principal + Equity
$2,350
Annual Total Gain
$18,508
Cash on Cash
-8.62%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$273
Occupancy Rate
60%
Monthly Revenue
$3,018
Monthly Cash Flow
-$399
Principal + Equity
$2,350
Annual Total Gain
$23,410
Cash on Cash %
-4.26%
Net ROI %
Market Health & Growth
Median Income
$125,052
Population
40,827
LTR Renter %
23.1%
Forecast (1 yr)
0.3%
Appreciation (1 yr)
-0.28%
Appreciation (5 yr)
36.23%
Appreciation (10 yr)
68.36%
Job Growth
-2.55%
LTR Rentability
Moderate
STR Demand
79
STR Rentals
41
Top Public Schools
AClear Horizons Early College High School
AFriendswood High School
A
A-
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
A
Overall
Top-level market grade
Best Suburbs to Raise a Family in Texas
#24out of 417 markets
Places with the Best Public Schools in Texas
#17out of 707 markets
Suburbs with the Best Public Schools in Texas
#17out of 417 markets
A
Public School
B-
Crime And Safety
B
Housing
B-
Nightlife
A
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Friendswood, TX.
As of September 2021, Friendswood, TX does not have specific regulations in place for short term rentals (STRs). However, it is important for investors to be aware that regulations can change quickly and it is advisable to stay informed about any updates or changes in local ordinances.
Investors should also be aware of any homeowner association (HOA) rules and regulations that may restrict or prohibit short term rentals in certain neighborhoods. It is important to carefully review the HOA bylaws before purchasing a property for use as a short term rental.
Additionally, investors should consider the potential impact of short term rentals on the community and neighboring properties. It is important to be a responsible host and ensure that guests adhere to noise regulations, parking restrictions, and other local ordinances.
Overall, investors should thoroughly research and understand the regulations and potential challenges associated with short term rentals in Friendswood, TX before purchasing a property for this purpose.
Market Trends Over Time
Explore 25 years of market data for Friendswood, TX, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Friendswood, TX.
The LTR Genie Score of Friendswood, TX is 54 and STR Genie Score is 56, indicating a moderate level of attractiveness for both long-term and short-term rental investments. The LTR Rentability is moderate, with a Rent Growth Rate of 0.0% and a Net ROI of 16.46%. On the other hand, the STR Net ROI is slightly higher at 20.82%, with an Occupancy rate of 60.0% and Revenue of 3018. The 1-Year Price Appreciation Forecast is 0.3%.
The LTR Genie Score is slightly lower than the STR Genie Score, which could be due to the higher Net ROI and Occupancy rate for short-term rentals. However, both scores fall within the moderate range, indicating that Friendswood, TX may be a viable option for both long-term and short-term rental investments.
Friendswood, TX is a suburban city located near Houston, known for its top-rated schools, safe neighborhoods, and strong sense of community. With a growing population and steady demand for rental properties, investors may find opportunities in both long-term and short-term rental markets in this area. Consider diversifying your portfolio by investing in both rental strategies to maximize potential returns in Friendswood, TX.
LTR Genie Score 93
$265,000
🛏 3 Beds🛁 2.0000 Baths🏙 1,236 sqft.🏠 SINGLE FAMILY
