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Houston 1% Rule Single Family Rental $270k

7215 Wind Dale St, Houston
ROI
22.83% IRR
Strategy
Long Term Rental
Desirable neighborhood with highly rated schools. Lease comps are dense and support $1.10 - $1.15 per foot, putting this right at $2700 per month and hitting the 1% rule. The home is in an area that has appreciated 5.5% year over year for the last 5 years. It’s in good condition, and showing high rent demand. A perfect long term buy and hold. Taxes $2901.

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Houston 1% Rule Single Family Rental $270k

Listed 06/11/2025

7215 Wind Dale St, Houston

Purchase Price:$270,000

Cash Outlay:$72,900

Cashflow:$557/mo

Cap Rate:8.31%

IRR:22.83%

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