Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Converse at 2738 POINT SUR, Converse, TX, 78109 offers $3,154/mo rent that, after a $1,224/mo payment, leaves $1,342/mo cash flow. Total monthly income is $3,154/mo, and annual cash flow is $16,102/yr on $82,875 cash. Return on cash invested measures 39.34% in year one, and rental yield stands at 15.14% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 208.42% and total cumulative return in cash reaches $172,726. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,154/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
6,141 sqft 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 |
|---|---|---|
| 2024-06-21 | Price change | $250,000 |
| 2024-06-11 | Price change | $265,000 |
| 2024-02-29 | Price change | $269,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $3220.78 | -15.75% | $236,543 | 10.00% |
| 2022-08-14 | $3822.98 | -4.43% | $215,039 | 10.00% |
| 2021-08-14 | $4000.36 | N/A | $195,490 | 3.94% |
What's Special
Access Only
Listed by: Lisa Martinez • Coldwell Banker D'Ann Harper, REALTOR
Mls Name: SABOR
Mls Provider:
Mls ID: #1729484
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.
