








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 2806 Forsyth Canyon, Converse, TX, 78109 at $291,900 posts ROI 18.85% with from $2,027/mo rent. Total monthly income equals $2,027/mo. Return on cash invested measures 18.85% and rental yield reads 8.33% at the current $291,900. Equity gained on principal adds $1,884/yr, and 5% annual appreciation supports $80,647 by year five. Five-year ROI prints 98.54% and total cumulative return in cash totals $95,353. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,027/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
4,356 sqft lot
$N/A/sqft
$436 annually 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 |
|---|---|---|
| 2025-09-19 | Listed for sale | $291,900 |
| 2025-08-19 | Listing removed | $291,900 |
| 2025-07-17 | Listed for sale | $291,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-19 | $758.71 | -4.22% | $35,000 | -4.11% |
| 2023-09-19 | $792.12 | -1.11% | $36,500 | 7.35% |
| 2022-09-19 | $801.02 | N/A | $34,000 | N/A |



Listed by: Mona Dale Hill • LGI Homes
Mls Name: LERA MLS
Mls Provider:
Mls ID: #1881199
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.