A tenant-occupied Houston home with recent mechanical improvements and a fresh lease supporting predictable income.

This 3-bedroom, 2-bath property offers approximately 1,620 square feet and was built in 1980. The projected monthly rent is $1,900, with estimated monthly operating expenses of $695, producing projected net monthly income of $1,205. Based on the asking price of $219,000, the projected cap rate is 6.6%.

The property is currently tenant occupied, allowing income to begin immediately after closing. Professional property management is included or already arranged for a smoother transition.

The projected ROI of 9.3% combines the income profile with a conservative market appreciation assumption. Figures are estimates intended for listing presentation and should be independently verified during due diligence.