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
4.5%
Avg Cash on Cash
-8.7%
Median Cashflow
-$381/mo
Avg Rent Estimate
$1,955/mo
Avg Price
$265,462
Price Range
$135,000 - $419,000
Rent to Price
0.74%
low ratio
Positive Cashflow
9%
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 4.5% cap rate combined with -8.7% 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 $1,955/month. Properties range from $135,000 to $419,000, offering entry points across multiple investment budgets.
Pasadena, TX Rental Market Insights
- •Median cashflow is -$381/month — careful deal selection is essential here
- •4.5% median cap rate is typical of appreciation-focused markets
- •At 9% positive cashflow rate, Pasadena, TX requires selective property picks
- •Moderately priced market with properties from $135,000 to $419,000