Rental square footage is 5400 SqFt. Current rent roll is $6,500.00 monthly. Laundry and utility income is $1,000.00 monthly on average. Annual income on average is $ 90,000.00.
Exceptional income-producing property located just minutes from Highway 290 in rapidly growing Prairie View. This four-unit property offers immediate cash flow with strong rental demand driven by nearby Prairie View A&M University and continued area development.
Each unit is well-positioned for consistent occupancy. Ideal workforce rentals, or long-term tenants.
Additional SqFt upstairs.
Strategically located near US-290, offering quick access to Houston while still benefiting from the quieter, high-demand rental market of Prairie View.
Property Highlights:
• 4 income-producing units possible expansion of two more.
• Gross income $7,500 monthly which includes utilities
• Close to Prairie View A&M University
• Easy access to Highway 290
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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