3368 Burke Rd APT 163PasadenaTX77504
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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 3368 Burke Rd APT 163, Pasadena, TX, 77504 offers a 9.37% rental yield on a $105,000 purchase with $820/mo rent. 71% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 64.09% and total cumulative return in cash at $22,310. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $820/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1969
10.06 Acres lot
$N/A/sqft
$311 monthly 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: Rocio Guajardo • RE/MAX RESULTS
Mls Name: HAR
Mls Provider:
Mls ID: #60965984
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