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New Construction Duplex with Strong Price:Rent Ratio and Rapid Development Nearby

5122 Southwind St, Houston
ROI
19.94% IRR
Strategy
Long Term Rental
New construction duplex with strong price:rent ratio and rapid development nearby. 3 beds, 2 baths per side. Mixed quality neighborhood undergoing gentrification, minutes from medical district and downtown. Similar rentals lease quickly at $1850-1900/mo. Great potential for a house hacker.

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New Construction Duplex with Strong Price:Rent Ratio and Rapid Development Nearby

Listed 04/02/2024

5122 Southwind St, Houston

Purchase Price:$439,000

Cash Outlay:$118,530

Cashflow:$301/mo

Cap Rate:6.68%

IRR:19.94%

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