3919 Fairmont Pkwy APT 242PasadenaTX77504
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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 242, Pasadena, TX, 77504 listed at $135,000 pairs $2,177/mo rent with a $661/mo payment to leave $907/mo cash flow. Total monthly income runs $2,177/mo, and annual cash flow reaches $10,881/yr on $44,753 cash to close. Return on cash invested measures 44.22% in year one, and rental yield registers 19.35% at a $135,000 basis. Equity gained on principal adds $871/yr, and annual property appreciation at 5% supports $37,298 by year five. Five-year ROI tracks 237.47% and total cumulative return in cash totals $106,273. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,177/mo property income relative to a $661/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1980
N/A lot
$N/A/sqft
$310 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: Joshua Salinas • ST Realty
Mls Name: HAR
Mls Provider:
Mls ID: #8100683
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