119 Burke RdPasadenaTX77506
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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 119 Burke Rd, Pasadena, TX, 77506 generates $1,927/mo in rent and, after a $938/mo payment, leaves $564/mo in cash flow. Total monthly income is $1,927/mo, and annual cash flow is $6,769/yr on $63,549 invested. Return on cash invested sits at 30.56% in year one, and rental yield is 12.06% on a $191,700 entry. Equity gained on principal adds $1,237/yr, while 5% annual appreciation builds toward $52,963 over five years. Five-year ROI reaches 161.22% and total cumulative return in cash sums $102,450. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,927/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
6,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77506, Pasadena, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,225 (100%) |
| Owner Occupied HU | 4,655 (38.1%) |
| Renter Occupied HU | 6,171 (50.5%) |
| Vacant Housing Units | 1,399 (11.4%) |
| Median Home Value | $144,768 |
| Average Home Value | $191,502 |
Housing Distribution
Address Breakdown
Residential
11,596
Single Family
7,029
Multi-Family
4,567
Businesses
640
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