3109 Fern StPasadenaTX77503
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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 3109 Fern St, Pasadena, TX, 77503 priced at $166,250 converts $1,336/mo rent into $112/mo cash flow after a $814/mo obligation. Total monthly income equals $1,336/mo, and annual cash flow totals $1,345/yr on $55,112 invested. Return on cash invested prints 22.35% in year one, and rental yield reads 9.64% against a $166,250 entry. Equity gained on principal adds $1,073/yr, while 5% annual appreciation compiles into $45,932 by year five. Five-year ROI reaches 117.55% and total cumulative return in cash sums $64,784. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,336/mo property income covering a $814/mo payment, not borrower’s personal income.
Single Family
Built in 1952
5,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77503, Pasadena, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,114 (100%) |
| Owner Occupied HU | 4,458 (48.9%) |
| Renter Occupied HU | 4,023 (44.1%) |
| Vacant Housing Units | 633 ( 6.9%) |
| Median Home Value | $195,274 |
| Average Home Value | $270,564 |
Housing Distribution
Address Breakdown
Residential
8,690
Single Family
6,096
Multi-Family
2,594
Businesses
650
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Listed by: Polina Solis • Entera Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #44986683
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