1602 Village Townhome DrPasadenaTX77504
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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 1602 Village Townhome Dr, Pasadena, TX, 77504 at $243,000 posts ROI 26.79% with $462/mo cash flow from $2,273/mo rent. Total monthly income equals $2,273/mo, and annual cash flow records $5,544/yr on $80,555 to close. Return on cash invested measures 26.79% and rental yield reads 11.22% at the current $243,000. Equity gained on principal adds $1,568/yr, and 5% annual appreciation supports $67,136 by year five. Five-year ROI prints 141.47% and total cumulative return in cash totals $113,960.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,273/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2008
2,791 sqft lot
$N/A/sqft
$1,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77504, Pasadena, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,458 (100%) |
| Owner Occupied HU | 4,055 (38.8%) |
| Renter Occupied HU | 5,303 (50.7%) |
| Vacant Housing Units | 1,100 (10.5%) |
| Median Home Value | $251,561 |
| Average Home Value | $256,816 |
Housing Distribution
Address Breakdown
Residential
9,555
Single Family
4,557
Multi-Family
4,998
Businesses
881
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Listed by: Carla Nettles • Summit, Realtors
Mls Name: HAR
Mls Provider:
Mls ID: #46822177
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