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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 10551 Waverunner, Converse, TX, 78109 listed at $299,000 pairs $2,366/mo rent with a $1,463/mo payment to leave $64/mo cash flow. Total monthly income runs $2,366/mo, and annual cash flow reaches $764/yr on $99,119 cash to close. Return on cash invested measures 20.68% in year one, and rental yield registers 9.5% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 108.97% and total cumulative return in cash totals $108,010. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,366/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
5,967 sqft lot
$N/A/sqft
$180 semi-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 |
|---|---|---|
| 2025-04-03 | Listed for sale | $299,000 |
| 2022-10-31 | Listing removed | N/A |
| 2022-10-27 | Price change | $326,749 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-04 | N/A | N/A | $309,790 | N/A |
| 2023-04-04 | $6722.98 | N/A | $309,790 | 721.72% |
| 2022-04-04 | N/A | N/A | $37,700 | N/A |
Listed by: Jason Salazar • Real Broker, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1855491
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.
