Single Family Rental For Cashflow and Appreciation $295k
15411 Formaston Dr, Humble
ROI
11.73% IRR
Strategy
Long Term Rental
A 4 bed 3 bath 2400 sqft home in the Balmoral community! High school is rated a 6. The community is highly desirable, and homes lease up quickly due to the location and amenity package (see listing description). Lease comps are at $2800 per month. The previous 12-month leasing history in the subdivision linked below. This is an excellent opportunity to pick up a turnkey, cash flowing single family asset in a good area. HOA $13. Taxes $8162.
