Houston Turnkey Rental Above 1% Rule | $130K

5818 Glenhurst Dr, Houston

ROI

30.01% IRR

Strategy

Long Term Rental

$1,600/month in projected rent puts this well above the 1% rule at a $130,000 purchase price. The home was renovated two years ago and can have a tenant placed before closing. Turnkey rentals nearby average $105 per square foot, supporting an estimated $150,000 market value and roughly $20,000 in built-in equity. Perfect first investment. Easily the lowest entry price we’ve seen in years for a turnkey rental.

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Houston Turnkey Rental Above 1% Rule | $130K

Listed 07/10/2026

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5818 Glenhurst Dr, Houston

Purchase Price:$130,000

Cash Outlay:$35,100

Cashflow:$429/mo

Cap Rate:9.79%

IRR:30.01%

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