3919 Fairmont Pkwy APT 116PasadenaTX77504
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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 3919 Fairmont Pkwy APT 116, Pasadena, TX, 77504 earns from $1,474/mo rent with a $685/mo payment. Total monthly income totals $1,474/mo. ROI tracks 16% on current figures, and rental yield reads 12.63% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 88.99% and total cumulative return in cash sums $41,302. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,474/mo property income instead of your personal income.
Condo
Built in 1980
7.22 Acres lot
$N/A/sqft
$630 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: Shahin Naghavi • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #61081020
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