1029 Birnham Woods BlvdPasadenaTX77503
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pasadena at 1029 Birnham Woods Blvd, Pasadena, TX, 77503 priced at $185,500 converts $1,393/mo rent into after a $908/mo obligation. Total monthly income equals $1,393/mo. Return on cash invested prints 15.2% in year one, and rental yield reads 9.01% against a $185,500 entry. Equity gained on principal adds $1,197/yr, while 5% annual appreciation compiles into $51,250 by year five. Five-year ROI reaches 81.03% and total cumulative return in cash sums $49,827. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,393/mo property income covering a $908/mo payment, not borrower’s personal income.
Townhouse
Built in 2001
1,535 sqft lot
$N/A/sqft
$315 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77503, Pasadena, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,114 (100%) |
| Owner Occupied HU | 4,458 (48.9%) |
| Renter Occupied HU | 4,023 (44.1%) |
| Vacant Housing Units | 633 ( 6.9%) |
| Median Home Value | $195,274 |
| Average Home Value | $270,564 |
Housing Distribution
Address Breakdown
Residential
8,690
Single Family
6,096
Multi-Family
2,594
Businesses
650
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra Morgado • LPT Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #82391395
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.