Home Buying in Sugar Land>Question Details

Fraz, Home Buyer in Sugar Land, TX

i am thinking of buying on cash a single family home in Sugar land area. Just wanted to know what is the average expected rental yield?

Asked by Fraz, Sugar Land, TX Sun Sep 16, 2012

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6
$1000 to $1100 for a 3 bedroom house that you can purchase for about $70,000. Great ROI. About $1200 for a 4 bedroom house
0 votes Thank Flag Link Sun Sep 16, 2012
We do property management of over 100 homes many of which are in Sugar Land. I would be happy to give you some advice assuming you want to be your own landlord while making a profit. Feel free to contact me.
0 votes Thank Flag Link Sun Sep 16, 2012
Please email me and I will send the current Market Report for Sugar Land prepared by my office at Keller Williams Southwest.

Thanks,

Daisy Bower
dbower@kw.com
0 votes Thank Flag Link Sun Sep 16, 2012
Kindly send me the market report for Sugar Land.

Regards,
Fraz
Flag Tue Sep 18, 2012
Anytime you pay cash your going to have a great return. The tax rate in Sugar Land is relatively low. The insurance can be what ever you want it to be. I own rental properties myself and have a few ideas for you. Perhaps you should consider buying 4 or 5 properties with 20% down on each one. Then you can analyze an overall return on investment. One rental house is a hobby; not an investment. Of course everyone has an opinion. Feel free to discuss more with me. Thank you, Matt



Matt Dietz | Sugar Land Homes | Broker-Owner
281-635-6081 | 281-491-3484 | Fax 281-242-6474
13707 Brightfield Dr | Sugar Land, TX, 77498
matt@sugarlandhomes.org | http://www.sugarlandhomes.org
0 votes Thank Flag Link Sun Sep 16, 2012
Rent starts from $1000 house purchase starts from $60000 depending on contion more or less
0 votes Thank Flag Link Sun Sep 16, 2012
The average price is about the $250000 rage but there are many homes below that price in nice neighborhoods. It all depends on your needs and wants. I would ne happy to discuss in more detail with you. You can reach me tomorrow at 281-491-5880 or my cell at 281-701-5307 today.
0 votes Thank Flag Link Sun Sep 16, 2012
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