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4808 Lingonberry Street
Houston, TX 77033-3514
Asking Price
$625K
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B
What's Special
Multifamily | 2 Units | $312,500/unit <h3>A rare opportunity to acquire a newly constructed, never-occupied duplex designed for today's build-to-rent market, offering immediate lease-up potential and long-term appreciation.</h3><p></p><h3>Investment Highlights</h3><ul><li><strong>Brand-New Construction</strong> – Never occupied, with modern finishes and minimal maintenance.</li><li><strong>Two Spacious 4BR / 2.5BA Residences</strong> – Approximately 1,779 SF per unit (3,558 SF total).</li><li><strong>Projected Gross Rental Income
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NOI
$80,000
Cap Rate
12.80%
DSCR
2.16
Strong
Cash-on-Cash
22.88%
Monthly Payment
$3,092.159
Annual Cash Flow
$42,894.092
