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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 Rosharon at 1842 Luminous Waters Ln, Rosharon, TX, 77583 with 5% annual appreciation on a $400,000 basis while $3,872/mo rent supports operations. Total monthly income totals $3,872/mo and a $1,958/mo payment preserves $824/mo for cash returns. Annual cash flow comes to $9,892/yr on $132,600 deployed, and return on cash invested reaches 27.37% in year one. Equity gained on principal adds $2,581/yr, and five-year appreciation sums $110,513 alongside rental yield of 11.62%. Five-year ROI measures 144.74% and total cumulative return in cash totals $191,932.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,872/mo property income versus a $1,958/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
8,028 sqft lot
$N/A/sqft
$79 monthly 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 |
|---|---|---|
| 2025-05-31 | Price change | $414,990 |
| 2025-05-14 | Listed for sale | $424,990 |
| 2018-02-01 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-25 | N/A | N/A | $431,080 | 1.84% |
| 2024-10-25 | $8128.17 | 7.72% | $423,310 | 7.52% |
| 2023-10-25 | $7545.65 | -10.46% | $393,700 | 8.68% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
