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428 Rhode Island Street
Houston, TX 77029
Asking Price
$365K
Cap Rate
6.81%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Houston Income Property | Strong Rent Potential <ul><li>Brand-new 2026 construction</li><li>High-quality builder finishes</li><li>Lease-up opportunity for increased yield</li><li>Located in emerging submarket</li><li>Flexible use (STR, LTR, owner-occupant)</li></ul>
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NOI
$80,000
Cap Rate
21.92%
DSCR
3.69
Strong
Cash-on-Cash
53.27%
Monthly Payment
$1,805.821
Annual Cash Flow
$58,330.15
