








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 10307 Red Iron Crk, Converse, TX, 78109 earns $638/mo cash flow from $2,398/mo rent with a $1,199/mo payment. Total monthly income totals $2,398/mo, and annual cash flow totals $7,651/yr on $81,218 capital. ROI tracks 29.33% on current figures, and rental yield reads 11.75% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 154.7% and total cumulative return in cash sums $125,640. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,398/mo property income instead of your personal income.
Single Family
Built in 2005
6,621 sqft lot
$N/A/sqft
$220 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 |
|---|---|---|
| 2025-05-22 | Listed for sale | $245,000 |
| 2018-11-30 | Sold | N/A |
| 2018-11-30 | Listed for sale | $195,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-22 | $2860.49 | -2.70% | $273,000 | 0.12% |
| 2023-05-22 | $2939.74 | 8.56% | $272,686 | 10.00% |
| 2022-05-22 | $2708.04 | 1.99% | $247,896 | 10.00% |



Listed by: Joseph Nastasi • Keller Williams Heritage
Mls Name: SABOR
Mls Provider:
Mls ID: #1868879
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.