6006 Lacey Oak DrPasadenaTX77505
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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 6006 Lacey Oak Dr, Pasadena, TX, 77505 listed at $460,000 pairs $5,832/mo rent with a $2,251/mo payment to leave $2,534/mo cash flow. Total monthly income runs $5,832/mo, and annual cash flow reaches $30,406/yr on $152,490 cash to close. Return on cash invested measures 39.85% in year one, and rental yield registers 15.21% at a $460,000 basis. Equity gained on principal adds $2,968/yr, and annual property appreciation at 5% supports $127,090 by year five. Five-year ROI tracks 211.04% and total cumulative return in cash totals $321,817. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,832/mo property income relative to a $2,251/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
8,886 sqft lot
$N/A/sqft
$330 annually 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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Listed by: Nelly Guevara • HomeSmart
Mls Name: HAR
Mls Provider:
Mls ID: #20753778
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