9538 Ocean DrIowa 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
Investment property for sale in Iowa Colony at 9538 Ocean Dr, Iowa Colony, TX, 77583 earns $379/mo cash flow from $2,782/mo rent with a $1,654/mo payment. Total monthly income totals $2,782/mo, and annual cash flow totals $4,548/yr on $112,012 capital. ROI tracks 23.97% on current figures, and rental yield reads 9.88% at a $337,895 purchase. Equity gained on principal adds $2,180/yr, and 5% annual appreciation supports $93,354 over five years. Five-year ROI reaches 125.8% and total cumulative return in cash sums $140,909. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,782/mo property income instead of your personal income.
Single Family
Built in 2017
6,834 sqft 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: Karina Duque • Om Realty Group
Mls Name: HAR
Mls ID: #64968951