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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 Converse at 10223 BARBEQUE BAY, Converse, TX, 78109 offers a 9.59% rental yield on a $249,900 purchase with $1,998/mo rent. Total monthly income registers $1,998/mo, and a $1,223/mo payment leaves $178/mo available for distribution. Annual cash flow reaches $2,130/yr on $82,842 to close, and return on cash invested stands at 22.48% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 118.09% and total cumulative return in cash at $97,826. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,998/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
5,401 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood data shown for ZIP Code: 78109, Converse, TX area.
| 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 |
Residential
23,805
Single Family
21,742
Multi-Family
2,063
Businesses
804
Date | Event | Price |
|---|---|---|
| 2025-01-17 | Price change | $249,900 |
| 2024-10-12 | Price change | $252,000 |
| 2024-09-05 | Listed for sale | $257,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $4370.48 | 5.55% | $270,730 | 6.27% |
| 2023-02-12 | $4140.48 | -12.28% | $254,766 | 10.00% |
| 2022-02-12 | $4720.15 | 0.69% | $231,605 | 10.00% |
Listed by: James Ynclan • Global Realty Group
Mls Name: SABOR
Mls Provider:
Mls ID: #1806436
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.
