








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 10407 Monte Carmel Place, Converse, TX, 78109 listed at $319,550 pairs $2,506/mo rent with a $1,564/mo payment to leave $196/mo cash flow. Total monthly income runs $2,506/mo, and annual cash flow reaches $2,352/yr on $105,931 cash to close. Return on cash invested measures 22.13% in year one, and rental yield registers 9.41% at a $319,550 basis. Equity gained on principal adds $2,062/yr, and annual property appreciation at 5% supports $88,286 by year five. Five-year ROI tracks 116.1% and total cumulative return in cash totals $122,982. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,506/mo property income relative to a $1,564/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
5,227 sqft lot
$N/A/sqft
$113 quarterly 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 |
|---|---|---|
| 2025-09-08 | Price change | $320,990 |
| 2025-08-14 | Price change | $319,550 |
| 2025-08-05 | Listed for sale | $323,550 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Clay Woodard • Move Up America
Mls Name: LERA MLS
Mls Provider:
Mls ID: #1890025
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.