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New Caney High Cash Flow 2019 Built 8-Plex | $1.075M

2548 Appian Way, New Caney
ROI
21.95% IRR
Strategy
Long Term Rental
$11,300/month in gross rent is already being collected from this fully occupied 8-unit property. This is a 2019-built multifamily asset with four duplex buildings, eight 2-bed, 1-bath units, and 100% occupancy. The newer construction helps limit near-term maintenance risk, and there is upside by moving rents to $1,500 per unit over time. I would start around $1.075M. Perfect deal for an investor ready to move beyond 1–4 family rentals.

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New Caney High Cash Flow 2019 Built 8-Plex | $1.075M

Listed 05/28/2026

2548 Appian Way, New Caney

Purchase Price:$1,075,000

Cash Outlay:$290,250

Cashflow:$2,054/mo

Cap Rate:8.13%

IRR:21.95%

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