2118 Cherry LnPasadenaTX77502
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
Investment property for sale in Pasadena at 2118 Cherry Ln, Pasadena, TX, 77502 at $129,900 posts ROI 22.45% with $91/mo cash flow from $1,015/mo rent. Total monthly income equals $1,015/mo, and annual cash flow records $1,093/yr on $43,062 to close. Return on cash invested measures 22.45% and rental yield reads 9.38% at the current $129,900. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 by year five. Five-year ROI prints 117.78% and total cumulative return in cash totals $50,719.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,015/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
6,599 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: Mayra Salguero • Executive Texas Realty
Mls Name: HAR
Mls Provider:
Mls ID: #37457573
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