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 15+ datapoints.
Pasadena, TX Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
4.7%
Avg Cash on Cash
-6.6%
Median Cashflow
-$407/mo
Avg Rent Estimate
$1,922/mo
Avg Price
$245,144
Price Range
$162,200 - $360,000
Rent to Price
0.78%
okay ratio
Positive Cashflow
18%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Pasadena, TX
Pasadena, TX is an emerging long-term rental market gaining investor attention. With 15+ properties analyzed, early data shows the market is developing. The median cap rate of 4.7% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 15+ analyzed properties, the median monthly cashflow in Pasadena, TX is -$407 with average rents of $1,922/month. Properties range from $162,200 to $360,000, offering entry points across multiple investment budgets.
Pasadena, TX Rental Market Insights
- •Median cashflow is -$407/month — careful deal selection is essential here
- •4.7% median cap rate is typical of appreciation-focused markets
- •At 18% positive cashflow rate, Pasadena, TX requires selective property picks
- •Moderately priced market with properties from $162,200 to $360,000
- •Early-stage market data — revisit as more properties are analyzed for stronger signals