








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 2803 Obsidian Dr, Iowa Colony, TX, 77583 at $439,990 posts ROI 20.6% with $83/mo cash flow from $3,290/mo rent. Total monthly income equals $3,290/mo, and annual cash flow records $1,001/yr on $145,857 to close. Return on cash invested measures 20.6% and rental yield reads 8.97% at the current $439,990. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,561 by year five. Five-year ROI prints 107.97% and total cumulative return in cash totals $157,483.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,290/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
9,053 sqft lot
$N/A/sqft
$927 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 |
|---|---|---|
| 2024-11-25 | Price change | $439,990 |
| 2024-10-29 | Listed for sale | $465,990 |
| 2024-10-22 | Listing removed | $465,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $95,050 | N/A |



Listed by: Brittany Williams-Wilcox • Southern Star Realty
Mls Name: HAR
Mls Provider:
Mls ID: #31786797
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