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Turnkey Duplex Built in 2022 with Solid Price:Rent Ratio and Rapid Development Nearby

5037 Van Fleet St #A/B, Houston
ROI
19.69% IRR
Strategy
Long Term Rental
Turnkey duplex built in 2022 with solid price:rent ratio and rapid development nearby. 3 beds, 2 baths per side. Mixed quality neighborhood undergoing gentrification, minutes from medical district and downtown. One unit occupied for $1850, other unit is vacant. Great potential for a house hacker.

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Turnkey Duplex Built in 2022 with Solid Price:Rent Ratio and Rapid Development Nearby

Listed 01/17/2024

5037 Van Fleet St #A/B, Houston

Purchase Price:$400,000

Cash Outlay:$108,000

Cashflow:$251/mo

Cap Rate:6.61%

IRR:19.69%

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