514 Burke RdPasadenaTX77506
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 514 Burke Rd, Pasadena, TX, 77506 offers a 9.23% rental yield on a $180,000 purchase with $1,385/mo rent. Total monthly income registers $1,385/mo, and a $881/mo payment leaves $105/mo available for distribution. Annual cash flow reaches $1,260/yr on $59,670 to close, and return on cash invested stands at 22.02% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 115.36% and total cumulative return in cash at $68,837. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,385/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77506, Pasadena, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,225 (100%) |
| Owner Occupied HU | 4,655 (38.1%) |
| Renter Occupied HU | 6,171 (50.5%) |
| Vacant Housing Units | 1,399 (11.4%) |
| Median Home Value | $144,768 |
| Average Home Value | $191,502 |
Housing Distribution
Address Breakdown
Residential
11,596
Single Family
7,029
Multi-Family
4,567
Businesses
640
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandy Swagger • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #95597829
Disclaimer: Copyright 2025, 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.