








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Iowa Colony at 3438 Shockley Ln, Iowa Colony, TX, 77583 priced at $530,000 converts $3,964/mo rent into $87/mo cash flow after a $2,594/mo obligation. Total monthly income equals $3,964/mo, and annual cash flow totals $1,042/yr on $174,370 invested. Return on cash invested prints 20.66% in year one, and rental yield reads 8.98% against a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation compiles into $146,429 by year five. Five-year ROI reaches 108.31% and total cumulative return in cash sums $188,863. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,964/mo property income covering a $2,594/mo payment, not borrower’s personal income.
Single Family
Built in 2019
0.30 Acres lot
$N/A/sqft
$1,300 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 |
|---|---|---|
| 2025-01-03 | Listed for sale | $530,000 |
| 2024-10-11 | Listing removed | $530,000 |
| 2024-10-04 | Listed for sale | $530,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-14 | $8439.74 | 20.88% | $450,222 | 18.16% |
| 2023-02-14 | $6981.84 | -11.65% | $381,029 | 10.00% |
| 2022-02-14 | $7902.69 | 4.97% | $346,390 | -1.48% |



What's Special
Radiant Attic Barrier
Listed by: Shelby Crowe • Berkshire Hathaway HomeServices Premier Properties
Mls Name: HAR
Mls Provider:
Mls ID: #83426478
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