Houston Duplex $230k

3230 Scotch Moss Ln, La Porte

ROI

25.06% IRR

Strategy

Long Term Rental

Located in southeast Houston. Left unit is currently leased for $1,188 per month via section 8. Right unit is leased for $1,300 expires December 2026. No vacancy risk. Well over the 1% rule and tenants pay their own utilities. Taxes $2817.

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Houston Duplex $230k

Listed 01/30/2025

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3230 Scotch Moss Ln, La Porte

Purchase Price:$230,000

Cash Outlay:$62,100

Cashflow:$574/mo

Cap Rate:8.98%

IRR:25.06%

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