1427 Hankamer StPasadenaTX77506
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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
Investment property for sale in Pasadena at 1427 Hankamer St, Pasadena, TX, 77506 offers a 9.27% rental yield on a $189,900 purchase with $1,467/mo rent. Total monthly income registers $1,467/mo, and a $929/mo payment leaves $117/mo available for distribution. Annual cash flow reaches $1,405/yr on $62,952 to close, and return on cash invested stands at 22.14% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 116.06% and total cumulative return in cash at $73,061. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,467/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
7,200 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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Listed by: Keith Buchanan • KMB Realty
Mls Name: HAR
Mls Provider:
Mls ID: #97222934
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