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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 2719 Pismo Beach, Converse, TX, 78109 uses $86,157 cash to close to unlock $4,919/yr annual cash flow and $410/mo monthly cash flow. Total monthly income runs $2,292/mo, and a $1,272/mo payment keeps the spread at $410/mo. Purchase price stands at $259,900, and rental yield measures 10.58% with $2,292/mo rent. Return on cash invested shows 25.62% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 134.82% and total cumulative return in cash records $116,158. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,292/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.25 Acres lot
$N/A/sqft
$102 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 |
|---|---|---|
| 2025-09-12 | Listed for sale | $259,900 |
| 2025-08-04 | Listing removed | $269,000 |
| 2025-07-24 | Price change | $269,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-12 | $2744.95 | 0.34% | $290,557 | 10.00% |
| 2023-09-12 | $2735.62 | -27.85% | $264,143 | 10.00% |
| 2022-09-12 | $3791.44 | -0.58% | $240,130 | 10.00% |
Listed by: Rainbeau Presti • RE/MAX Preferred, REALTORS
Mls Name: LERA MLS
Mls Provider:
Mls ID: #1907345
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.
