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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 112 Meadow Way, Converse, TX, 78109 at $228,000 posts ROI 21.89% with $125/mo cash flow from $1,804/mo rent. Total monthly income equals $1,804/mo, and annual cash flow records $1,498/yr on $75,582 to close. Return on cash invested measures 21.89% and rental yield reads 9.49% at the current $228,000. Equity gained on principal adds $1,471/yr, and 5% annual appreciation supports $62,992 by year five. Five-year ROI prints 115% and total cumulative return in cash totals $86,919.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,804/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
6,621 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-06-19 | Listed for sale | $228,000 |
| 2014-04-08 | Listing removed | $850 |
| 2014-02-19 | Listed for rent | $850 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-19 | $4477.50 | 3.49% | $202,670 | 3.03% |
| 2023-06-19 | $4326.38 | -4.04% | $196,710 | 4.06% |
| 2022-06-19 | $4508.63 | N/A | $189,030 | 31.51% |
Listed by: Michael Goff • JB Goodwin, REALTORS
Mls Name: SABOR
Mls Provider:
Mls ID: #1877111
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.
