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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 12418 Mirlo, Converse, TX, 78109 listed at $329,250 pairs $2,506/mo rent with a $1,612/mo payment to leave $114/mo cash flow. Total monthly income runs $2,506/mo, and annual cash flow reaches $1,370/yr on $109,146 cash to close. Return on cash invested measures 21.16% in year one, and rental yield registers 9.13% at a $329,250 basis. Equity gained on principal adds $2,125/yr, and annual property appreciation at 5% supports $90,966 by year five. Five-year ROI tracks 111.01% and total cumulative return in cash totals $121,167. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,506/mo property income relative to a $1,612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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 | $329,250 |
| 2024-12-23 | Price change | $327,250 |
| 2024-12-16 | Listed for sale | $325,250 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Pull Down Stairs
Listed by: R.J. Reyes • Keller Williams Heritage
Mls Name: SABOR
Mls Provider:
Mls ID: #1829597
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.
