708 Kalmer StPasadenaTX77502
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Nearby investment properties with comparable prices
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 708 Kalmer St, Pasadena, TX, 77502 at $239,900 posts ROI 26.58% with $442/mo cash flow from $2,148/mo rent. Total monthly income equals $2,148/mo, and annual cash flow records $5,307/yr on $79,527 to close. Return on cash invested measures 26.58% and rental yield reads 10.74% at the current $239,900. Equity gained on principal adds $1,548/yr, and 5% annual appreciation supports $66,280 by year five. Five-year ROI prints 139.89% and total cumulative return in cash totals $111,247.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,148/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
6,420 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77502, Pasadena, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,260 (100%) |
| Owner Occupied HU | 6,980 (56.9%) |
| Renter Occupied HU | 4,498 (36.7%) |
| Vacant Housing Units | 782 ( 6.4%) |
| Median Home Value | $199,048 |
| Average Home Value | $215,271 |
Housing Distribution
Address Breakdown
Residential
12,039
Single Family
8,616
Multi-Family
3,423
Businesses
1,145
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