11515 Field BriarConverseTX78109
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 11515 Field Briar, Converse, TX, 78109 in Converse hard to pass up. The 11.53% gross yield on a $211,009 purchase results in $2,027/mo in rent and $505/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.14). Annual cash flow of $6,065, five-year appreciation of $58,298, and $1,943/yr in equity build-up combine for a projected total cumulative return of $113,498.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 5.2% |
| Monthly Cash Flow | $505 | $1,200 |
City averages based on Converse market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,027 |
| Total Monthly Debt Service | $1,437 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78109, Converse, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
23,805
Single Family
21,742
Multi-Family
2,063
Businesses
804
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78109, Converse, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
23,805
Single Family
21,742
Multi-Family
2,063
Businesses
804
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Marti • Housifi
Mls Name: SABOR
Mls Provider:
Mls ID: #1850623
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.