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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 3503 Brook St, Iowa Colony, TX, 77583 offers a 10.91% rental yield on a $675,000 purchase with $6,138/mo rent. Total monthly income registers $6,138/mo, and a $3,304/mo payment leaves $1,169/mo available for distribution. Annual cash flow reaches $14,026/yr on $222,075 to close, and return on cash invested stands at 26.38% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 139.03% and total cumulative return in cash at $308,751. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,138/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.30 Acres lot
$N/A/sqft
$1,980 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 |
|---|---|---|
| 2020-07-21 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-13 | $11253.78 | 5.66% | $703,447 | 10.00% |
| 2023-06-13 | $10650.89 | -16.48% | $639,497 | 10.00% |
| 2022-06-13 | $12752.49 | 5.53% | $581,361 | 10.00% |
Listed by: Derek Nelson • Greenwood King Properties - Voss Office
Mls Name: HAR
Mls Provider:
Mls ID: #59203643
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