Exceptional cash-flow opportunity at 5838 Reed Rd, Houston, TX! This 8-bedroom, 3-bathroom property is already operating as a successful room-rental investment, with the current tenant utilizing the home as a PadSplit-style rental by leasing individual bedrooms. The property is tenant occupied with a lease in place through April 2029, providing long-term rental stability. The lease also includes a scheduled rent increase in 2028, offering built-in income growth for the next owner. Whether you're looking to expand your investment portfolio or secure a property with immediate cash flow, this is an excellent opportunity to maximize returns. Conveniently located with easy access to major highways, Downtown Houston, the Texas Medical Center, and the University of Houston, this property is well-positioned to attract consistent tenant demand. Please do not disturb the tenant. Showings are by appointment only with an accepted offer or as arranged with the listing agent.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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