Pasadena, TX Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Pasadena, TX. Based on 30+ datapoints.
Pasadena, TX Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
4.4%
Avg Cash on Cash
-9.1%
Median Cashflow
-$381/mo
Avg Rent Estimate
$1,913/mo
Avg Price
$264,097
Price Range
$135,000 - $399,000
Rent to Price
0.72%
low ratio
Positive Cashflow
7%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Pasadena, TX
Pasadena, TX presents a balanced long-term rental investment profile across 30+ analyzed datapoints. A median 4.4% cap rate combined with -9.1% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a moderately priced price point.
Based on 30+ analyzed properties, the median monthly cashflow in Pasadena, TX is -$381 with average rents of $1,913/month. Properties range from $135,000 to $399,000, offering entry points across multiple investment budgets.
Pasadena, TX Rental Market Insights
- •Median cashflow is -$381/month — careful deal selection is essential here
- •4.4% median cap rate is typical of appreciation-focused markets
- •At 7% positive cashflow rate, Pasadena, TX requires selective property picks
- •Moderately priced market with properties from $135,000 to $399,000