4 Bedrooms, 2.5 Baths
Home Size: 1,894 sq ft
Lot Size: 5,126 sq ft
Year Built: 2006
Offer Price: $67,000
Approximate Value: $115,000
Equity: $48,000 (41.73%)
Area: Humble near Hwy 59 and FM 1960
Great income-producing investment property in Humble – a northeast suburb of Houston Texas. What makes this a great opportunity? This property would produce $3,128 positive cashflow annually which amounts to a return on investment of 17.23% in addition to the build in equity in excess of 41%! Not to mention that the home is just 4 years old and would be easy to maintain and rent out. The current rent projection is below market estimates to make sure that the property leases in 30-45 days. Take advantage of this excellent opportunity today.
Rental Income Breakdown
Listed with: Ameristar Realtors
