Off-Market Property at 10406 Willowisp Dr, Houston, TX 77035

10406 Willowisp Dr, Houston, TX 77035

$319,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $228 per day and long-term for an average of $2,700 per month, based on similar listings in the area. Estimated short-term cap rate of 3.3%. Estimated long-term cap rate of 0.5%. INVESTOR SPECIAL - rehab started. Home gutted and foundation piers completed. Many options- complete rehab to sell or rent**Value Add - back alley access to add garage/apartment to add SF *. Several new construction homes in this section. Home has NEVER FLOODED and has beautiful mature large Oak trees in front yard. Great location close to everything!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$36
Rental Policy
daily
Yearly Taxes
$9848
Bedrooms
3
Bathrooms
2
SQFT
2,213
Furnished
N/A
Year built
1956
Listing Status
Off Market
MLS
84147469

Short-term Rental Potential
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$41,124

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$144

Price/SQFT

Long-term Rental Potential
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$32,400

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,700/mo

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