Overview

Description

This beautiful 4-bedroom, 3.5-bathroom home in Humble, TX offers 3,444 sq. ft. of living space and was built in 2016. Purchased in April 2023 and leased since May 2023, the property is already income-producing with a monthly rent of $4,417, where utilities are paid by the tenant. With property taxes of $1,258.38, insurance of $189.08, HOA fees of $99, and property management fees of $220.85, the home is well-managed and financially structured for consistent returns.

The net operating income comes to $2,649.96, making it a strong cash-flowing asset from day one. Available at a sales price of $500,000 with financing under SUB 2, featuring a $310K UPB at 2.75%, this property provides excellent investment potential. With strong rental income and the option of a rental income guaranty, it stands out as a secure and profitable opportunity for real estate investors.

Features & Aminities