New Construction Fourplex by Medical District and UofH
6423 New York St, Houston
ROI
21.49% IRR
Strategy
Mid Term Rental
New construction fourplex by medical district and UofH. Gross $10-11k as a furnished mid-term rental and $12-13k as a short-term rental. Great option for a house hacker. C class neighborhood trending towards B class with moderate crime, active newer development and gentrification but still a lot of commercial buildings and distressed properties around. Two story townhome-style fourplex. Each unit has 1,384 sq ft with 3 beds and 3 baths.
