6207 Canada 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 6207 Canada Dr, Pasadena, TX, 77505 uses $88,842 cash to close to unlock $1,355/yr annual cash flow and $113/mo monthly cash flow. Total monthly income runs $2,019/mo, and a $1,312/mo payment keeps the spread at $113/mo. Purchase price stands at $268,000, and rental yield measures 9.04% with $2,019/mo rent. Return on cash invested shows 21.43% in year one, and 5% annual appreciation builds toward $74,043 over five years. Five-year ROI reaches 112.24% and total cumulative return in cash records $99,717. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,019/mo property income covering a $1,312/mo payment rather than investor’s personal income.
Single Family
Built in 1984
7,148 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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