601 Main StPasadenaTX77506
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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 601 Main St, Pasadena, TX, 77506 offers a 7.66% rental yield on a $316,000 purchase with $2,018/mo rent. 28% in year one. Equity gained on principal adds $2,039/yr while 5% annual appreciation supports $87,305 over five years. Portfolio math shows five-year ROI at 89.98% and total cumulative return in cash at $94,255. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,018/mo property income against a $1,547/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1940
6,987 sqft 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
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