








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 10230 Midsummer Meadow, Converse, TX, 78109 earns $132/mo cash flow from $2,738/mo rent with a $1,784/mo payment. Total monthly income totals $2,738/mo, and annual cash flow totals $1,580/yr on $120,832 capital. ROI tracks 21.22% on current figures, and rental yield reads 9.01% at a $364,500 purchase. Equity gained on principal adds $2,352/yr, and 5% annual appreciation supports $100,705 over five years. Five-year ROI reaches 111.12% and total cumulative return in cash sums $134,274. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,738/mo property income instead of your personal income.
Single Family
Built in 2019
5,401 sqft lot
$N/A/sqft
$150 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 |
|---|---|---|
| 2025-08-29 | Listed for sale | $364,500 |
| 2025-08-18 | Listing removed | $366,300 |
| 2025-08-08 | Price change | $366,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-29 | $6072.48 | 10.02% | $360,795 | 10.00% |
| 2023-08-29 | $5519.21 | -10.95% | $327,995 | 10.00% |
| 2022-08-29 | $6197.58 | -0.39% | $298,177 | 10.00% |



Listed by: Violet Delgado • Jason Mitchell Real Estate
Mls Name: LERA MLS
Mls Provider:
Mls ID: #1896624
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.