3706 Newton DrPasadenaTX77503
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 3706 Newton Dr, Pasadena, TX, 77503 with 5% annual appreciation on a $207,900 basis while $2,026/mo rent supports operations. Total monthly income totals $2,026/mo and a $1,018/mo payment preserves $547/mo for cash returns. Annual cash flow comes to $6,566/yr on $68,919 deployed, and return on cash invested reaches 29.44% in year one. Equity gained on principal adds $1,342/yr, and five-year appreciation sums $57,439 alongside rental yield of 11.69%. Five-year ROI measures 155.2% and total cumulative return in cash totals $106,960.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,026/mo property income versus a $1,018/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
6,320 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jorge Tenorio • Maxima Realty
Mls Name: HAR
Mls Provider:
Mls ID: #33695456
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.