🚫 We are no longer accepting BRRRR, Fix/Flip, or Wholesale clients

Active Airbnb Triplex in Arts District with Strong Short-and Long-Term Rent Cashflow

1606 Ovid St, Houston
ROI
22.60% IRR
Strategy
Short Term Rental
Active Airbnb triplex in Arts District with strong short- and long-term rent cashflow. Turnkey condition with two detached 1 bed units and one 3 bed, 3 bath unit. Triplex built in 1922 with one 3 bed, 3 bath unit and two detached 1 bed, 1 bath units. All are currently active on Airbnb and have strong long-term rental potential as well. Fully updated units including modern, neutral finishes, granite counters, new HVAC.

Enter your email to download the proforma

< Back to Daily Deals

Active Airbnb Triplex in Arts District with Strong Short-and Long-Term Rent Cashflow

Listed 07/13/2023

1606 Ovid St, Houston

Purchase Price:$585,000

Cash Outlay:$157,950

Cashflow:$752/mo

Cap Rate:7.38%

IRR:22.60%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Short Term Rental

New Braunfels 1% Rule SFR $195k

3517 Naumann Way, New Braunfels

Purchase Price:$195,000

Cash Outlay:$52,650

Cashflow:$105/mo

Cap Rate:6.47%

IRR:13.84%

Long Term Rental

Houston Single Family Rental $250k

3606 Fuller Bluff Dr, Spring

Purchase Price:$250,000

Cash Outlay:$67,500

Cashflow:$56/mo

Cap Rate:6.07%

IRR:12.06%

Long Term Rental

Victoria Quadplex w/ Heavy Cashflow $315k

1808 Wildwood St, Victoria

Purchase Price:$315,000

Cash Outlay:$85,050

Cashflow:$632/mo

Cap Rate:8.24%

IRR:22.15%

Long Term Rental

DFW Prime Location Househack Duplex $389k

716 Billie Ruth Ln, Hurst

Purchase Price:$389,000

Cash Outlay:$105,030

Cashflow:$51/mo

Cap Rate:5.65%

IRR:11.23%

Long Term Rental

Houston Single Family Rental $200k

29610 Golden Vines Ln, Spring

Purchase Price:$200,000

Cash Outlay:$54,000

Cashflow:$216/mo

Cap Rate:7.13%

IRR:16.92%

Long Term Rental

Killeen Cashflowing Quadplex $380k

1710 Windward Dr, Killeen

Purchase Price:$380,000

Cash Outlay:$102,600

Cashflow:$473/mo

Cap Rate:7.33%

IRR:17.86%