6303 Tamar DrPasadenaTX77503
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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 6303 Tamar Dr, Pasadena, TX, 77503 earns from $2,569/mo rent with a $1,664/mo payment. Total monthly income totals $2,569/mo. ROI tracks 19.45% on current figures, and rental yield reads 9.07% at a $339,888 purchase. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,905 over five years. Five-year ROI reaches 102.39% and total cumulative return in cash sums $115,363. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,569/mo property income instead of your personal income.
Single Family
Built in 1970
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77503, Pasadena, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,114 (100%) |
| Owner Occupied HU | 4,458 (48.9%) |
| Renter Occupied HU | 4,023 (44.1%) |
| Vacant Housing Units | 633 ( 6.9%) |
| Median Home Value | $195,274 |
| Average Home Value | $270,564 |
Housing Distribution
Address Breakdown
Residential
8,690
Single Family
6,096
Multi-Family
2,594
Businesses
650
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Listed by: Stacy Hedrick • REALM Real Estate Professionals - North Houston
Mls Name: HAR
Mls Provider:
Mls ID: #13316236
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