3112 Grant 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
Investment property for sale in Pasadena at 3112 Grant St, Pasadena, TX, 77503 with 5% annual appreciation on a $199,900 basis while $1,796/mo rent supports operations. Total monthly income totals $1,796/mo and a $978/mo payment preserves $375/mo for cash returns. Annual cash flow comes to $4,499/yr on $66,267 deployed, and return on cash invested reaches 26.7% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 10.78%. Five-year ROI measures 140.45% and total cumulative return in cash totals $93,073.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,796/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
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: Karla Villanueva • City Spot Realty
Mls Name: HAR
Mls Provider:
Mls ID: #33061076
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