Houston Single Family Rental $250k

1210 Diamond Drape Dr, Rosharon

ROI

14.10% IRR

Strategy

Long Term Rental

Motivated seller just dropped the price by $90K. Located in fast-growing Rosharon with schools rated 6s and 7s. Built in 2018 for minimal maintenance. Rental comps are strong at $2,400–$2,500 per month. Turnkey deal in a high-demand area, priced well below market value and close to the 1% rule. Solid property management available for out-of-state investors. HOA $129. Taxes $9,031.

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Houston Single Family Rental $250k

Listed 02/06/2025

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1210 Diamond Drape Dr, Rosharon

Purchase Price:$250,000

Cash Outlay:$67,500

Cashflow:$234/mo

Cap Rate:4.86%

IRR:14.10%

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