5923 Pine Needle 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
Investment property for sale in Pasadena at 5923 Pine Needle Ln, Pasadena, TX, 77505 offers a 9.86% rental yield on a $270,000 purchase with $2,218/mo rent. Total monthly income registers $2,218/mo, and a $1,322/mo payment leaves $298/mo available for distribution. Annual cash flow reaches $3,570/yr on $89,505 to close, and return on cash invested stands at 23.9% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 125.46% and total cumulative return in cash at $112,297. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,218/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
6,298 sqft 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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