








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 1225 Casa Luminar, Converse, TX, 78109 at $319,000 posts ROI 22.18% with $200/mo cash flow from $2,506/mo rent. Total monthly income equals $2,506/mo, and annual cash flow records $2,403/yr on $105,749 to close. Return on cash invested measures 22.18% and rental yield reads 9.43% at the current $319,000. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 by year five. Five-year ROI prints 116.42% and total cumulative return in cash totals $123,109.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,506/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
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 |
|---|---|---|
| 2024-07-31 | Price change | $319,000 |
| 2024-07-25 | Listed for sale | $276,880 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Clay Woodard • Move Up America
Mls Name: SABOR
Mls Provider:
Mls ID: #1795935
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.