Overview

Description

This spacious 5-bedroom, 3-bathroom home in Humble, TX offers 2,815 sq. ft. of living space and was built in 2018. Purchased in August 2023 and leased since November 2023, the property generates consistent rental income with a monthly rent of $3,244, where utilities are paid by the tenant. With property taxes of $745.31, insurance of $154.50, HOA fees of $160.67, and property management fees of $162.20, the property is well-managed and structured for reliable returns.

The net operating income comes to $2,021.32, making it a strong cash-flowing investment from day one. Priced at $360,000, this home provides excellent rental income potential and the added benefit of a rental income guaranty, making it a secure and attractive opportunity for real estate investors.

Features & Aminities