Single Family Rental For Cashflow and Appreciation $300k
11002 Hillside Creek Dr, Humble
ROI
12.61% IRR
Strategy
Long Term Rental
5 bed 3 bath 2600 sqft built in 2018 for minimal maintenance. Middle and High school both rated 6s. Lease comps are very consistent and support $2600 per month. There are several homes in this neighborhood with similar square footage that have traded above $3000 per month so there’s room to push these rents higher by accepting section 8 tenants. HOA $32. Taxes $8036.
