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Houston Upgraded 4-Bedroom Opportunity SFR $224k

4614 Phlox St, Houston
ROI
20.75% IRR
Strategy
Long Term Rental
This 2 story 4 bedroom, 2.5 bath 2005 build rental property has been well maintained. The roof was replaced with 30 year shingles in 2023. The electrical panel box was replaced in 2025. The interior was renovated in 2024 with lvp flooring throughout. There is no carpet in the rental making it ideal for limited floor maintenance. The refrigerator, stove, washer and microwave were replaced with new appliances in 2024. The street is being updated with brand new construction in either direction. Long-term tenant in place since 2024.

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Houston Upgraded 4-Bedroom Opportunity SFR $224k

Listed 04/01/2026

4614 Phlox St, Houston

Purchase Price:$224,000

Cash Outlay:$60,480

Cashflow:$399/mo

Cap Rate:7.53%

IRR:20.75%

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