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Houston Single Family Rental $200k

29610 Golden Vines Ln, Spring

ROI

16.92% IRR

Strategy

Long Term Rental

THIS WILL SELL QUICKLY. located in Spring. Schools are highly rated at 10, 7, and 7 ! New roof as of September 2024. This is a perfect deal for any long term buy and hold investor looking for a turnkey asset, in a good neighborhood with highly rated schools hitting close to the 1% rule. Lease comps support $1900-$2000 per month and vacancy rates are low. Taxes $3354.

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Houston Single Family Rental $200k

Listed 01/16/2025

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29610 Golden Vines Ln, Spring

Purchase Price:$200,000

Cash Outlay:$54,000

Cashflow:$216/mo

Cap Rate:7.13%

IRR:16.92%

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