








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 1230 Casa Luminar, Converse, TX, 78109 at $288,400 posts ROI 25.62% with $455/mo cash flow from $2,506/mo rent. Total monthly income equals $2,506/mo, and annual cash flow records $5,457/yr on $95,605 to close. Return on cash invested measures 25.62% and rental yield reads 10.43% at the current $288,400. Equity gained on principal adds $1,861/yr, and 5% annual appreciation supports $79,680 by year five. Five-year ROI prints 134.66% and total cumulative return in cash totals $128,742.
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 2025
N/A 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 |
|---|---|---|
| 2025-03-31 | Pending sale | $268,770 |
| 2025-03-05 | Price change | $268,770 |
| 2025-02-26 | Price change | $267,770 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • N/A
Mls Name: Centex
Mls Provider:
Mls ID: #N/A