1017 Bulrush StreetConverseTX78109
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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 Converse at 1017 Bulrush Street, Converse, TX, 78109 with 5% annual appreciation on a $272,990 basis while $3,212/mo rent supports operations. Total monthly income totals $3,212/mo and a $1,336/mo payment preserves $1,221/mo for cash returns. Annual cash flow comes to $14,650/yr on $90,496 deployed, and return on cash invested reaches 36.1% in year one. Equity gained on principal adds $1,762/yr, and five-year appreciation sums $75,422 alongside rental yield of 14.12%. Five-year ROI measures 191.1% and total cumulative return in cash totals $172,936.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,212/mo property income versus a $1,336/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
5,227 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78109, Converse, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,515 (100%) |
| Owner Occupied HU | 18,732 (73.4%) |
| Renter Occupied HU | 4,973 (19.5%) |
| Vacant Housing Units | 1,810 ( 7.1%) |
| Median Home Value | $287,942 |
| Average Home Value | $312,137 |
Housing Distribution
Address Breakdown
Residential
23,805
Single Family
21,742
Multi-Family
2,063
Businesses
804
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Listed by: Cesar Amezcua • CA & Company, REALTORS
Mls Name: SABOR
Mls Provider:
Mls ID: #1792031
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.