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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Iowa Colony at 1331 Diamond Drape Dr, Iowa Colony, TX, 77583 at $290,000 posts ROI 16.85% with from $2,006/mo rent. Total monthly income equals $2,006/mo. Return on cash invested measures 16.85% and rental yield reads 8.3% at the current $290,000. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 by year five. Five-year ROI prints 88.55% and total cumulative return in cash totals $85,132. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,006/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2018
8,742 sqft lot
$N/A/sqft
$1,250 annually HOA
Neighborhood data shown for ZIP Code: 77583, Rosharon, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,326 (100%) |
| Owner Occupied HU | 17,291 (81.1%) |
| Renter Occupied HU | 1,560 ( 7.3%) |
| Vacant Housing Units | 2,475 (11.6%) |
| Median Home Value | $360,995 |
| Average Home Value | $403,554 |
Residential
18,736
Single Family
18,736
Multi-Family
0
Businesses
434
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Listed for sale | $290,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $5832.05 | 6.47% | $331,520 | 5.83% |
| 2023-04-23 | $5477.70 | -11.54% | $313,269 | 10.00% |
| 2022-04-23 | $6192.07 | 4.70% | $284,790 | 10.00% |
Listed by: Ashley Warren • Orchard Brokerage
Mls Name: HAR
Mls Provider:
Mls ID: #73093793
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