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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 12220 INTERSTATE 10, Converse, TX, 78109 offers a 2.79% rental yield on a $897,900 purchase with $2,084/mo rent. 59% in year one. Equity gained on principal adds $5,794/yr while 5% annual appreciation supports $248,073 over five years. Portfolio math shows five-year ROI at 11.14% and total cumulative return in cash at $32,904. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,084/mo property income against a $4,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
3.67 Acres 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 |
|---|---|---|
| 2025-01-06 | Listed for sale | $897,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $4000.26 | 669.47% | $331,590 | 128.81% |
| 2023-02-12 | $519.87 | -49.66% | $144,922 | 10.00% |
| 2022-02-12 | $1032.76 | 99.20% | $131,747 | 10.00% |
Listed by: Matt Reese • Matt Reese Real Estate Service
Mls Name: SABOR
Mls Provider:
Mls ID: #1832748
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.
