9322 Scranton St Houston, TX 77075
This exceptional Houston investment opportunity presents a portfolio of five fully occupied, two-bedroom, one-bathroom single-family rental homes. Each unit boasts approximately 864 square feet (4,320 total square feet) and contributes to the property's 100% occupancy rate, ensuring a steady stream of rental income. The homes, built in 1966 and comprehensively renovated in 2023, are situated on individual lots at 9322 Scranton St, Houston, TX 77075. The portfolio's prime location near Hobby Airport offers convenient access to major freeways, shopping, and dining, maximizing tenant appeal and minimizing vacancy risk. Low property taxes and the absence of a homeowner's association (HOA) further enhance the investment's profitability. Importantly, this property has a history of no flooding. Adding to its potential, an additional buildable lot and another rental home are available, presenting opportunities for future expansion and increased revenue. The asking price is $750,000, representing $150,000 per unit. This is an investment property
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.