3711 Providence LnPasadenaTX77505
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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 3711 Providence Ln, Pasadena, TX, 77505 generates $2,375/mo in rent, after a $1,689/mo payment. Total monthly income is $2,375/mo. Return on cash invested sits at 19.08% in year one, and rental yield is 8.26% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 99.64% and total cumulative return in cash sums $113,956. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,375/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77505, Pasadena, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,430 (100%) |
| Owner Occupied HU | 5,971 (70.8%) |
| Renter Occupied HU | 2,180 (25.9%) |
| Vacant Housing Units | 279 ( 3.3%) |
| Median Home Value | $324,233 |
| Average Home Value | $341,236 |
Housing Distribution
Address Breakdown
Residential
9,452
Single Family
6,681
Multi-Family
2,771
Businesses
940
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