








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 12406 Mirlo, Converse, TX, 78109 uses $110,887 cash to close to unlock $930/yr annual cash flow and $78/mo monthly cash flow. Total monthly income runs $2,506/mo, and a $1,637/mo payment keeps the spread at $78/mo. Purchase price stands at $334,500, and rental yield measures 8.99% with $2,506/mo rent. Return on cash invested shows 20.75% in year one, and 5% annual appreciation builds toward $92,416 over five years. Five-year ROI reaches 108.76% and total cumulative return in cash records $120,595. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,506/mo property income covering a $1,637/mo payment rather than investor’s personal income.
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
$150 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 |
|---|---|---|
| 2025-01-31 | Price change | $334,500 |
| 2024-12-23 | Price change | $332,500 |
| 2024-12-13 | Listed for sale | $330,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: R.J. Reyes • Keller Williams Heritage
Mls Name: SABOR
Mls Provider:
Mls ID: #1829170
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.