2506 Shallow Lake LnIowa ColonyTX77583
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Iowa Colony at 2506 Shallow Lake Ln, Iowa Colony, TX, 77583 generates $3,281/mo in rent, after a $2,324/mo payment. Total monthly income is $3,281/mo. Return on cash invested sits at 19.18% in year one, and rental yield is 8.29% on a $474,792 entry. Equity gained on principal adds $3,064/yr, while 5% annual appreciation builds toward $131,176 over five years. Five-year ROI reaches 100.16% and total cumulative return in cash sums $157,645. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,281/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77583, Rosharon, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,736
Single Family
18,736
Multi-Family
0
Businesses
434
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Listed by: Cameron Galatas • eXp Realty LLC
Mls Name: HAR
Mls ID: #10150312