3328 Burke Rd APT 71PasadenaTX77504
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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 3328 Burke Rd APT 71, Pasadena, TX, 77504 uses $36,134 cash to close to unlock $1,013/yr annual cash flow and $84/mo monthly cash flow. Total monthly income runs $860/mo, and a $534/mo payment keeps the spread at $84/mo. Purchase price stands at $109,000, and rental yield measures 9.47% with $860/mo rent. Return on cash invested shows 22.71% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 119.15% and total cumulative return in cash records $43,054. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $860/mo property income covering a $534/mo payment rather than investor’s personal income.
Townhouse
Built in 1969
10.06 Acres lot
$N/A/sqft
No 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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