1101 Gary AvePasadenaTX77502
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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 Pasadena at 1101 Gary Ave, Pasadena, TX, 77502 priced at $205,000 converts $1,462/mo rent into $5/mo cash flow after a $1,003/mo obligation. Total monthly income equals $1,462/mo, and annual cash flow totals $55/yr on $67,958 invested. Return on cash invested prints 19.99% in year one, and rental yield reads 8.56% against a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation compiles into $56,638 by year five. Five-year ROI reaches 104.51% and total cumulative return in cash sums $71,022. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,462/mo property income covering a $1,003/mo payment, not borrower’s personal income.
Single Family
Built in 1955
7,980 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77502, Pasadena, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,260 (100%) |
| Owner Occupied HU | 6,980 (56.9%) |
| Renter Occupied HU | 4,498 (36.7%) |
| Vacant Housing Units | 782 ( 6.4%) |
| Median Home Value | $199,048 |
| Average Home Value | $215,271 |
Housing Distribution
Address Breakdown
Residential
12,039
Single Family
8,616
Multi-Family
3,423
Businesses
1,145
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Listed by: Victoria Testerman • Mainstay Brokerage, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #81690169
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