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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% |
Rental property for sale in Converse at 2823 Citron Garden, Converse, TX, 78109 offers $2,027/mo rent that, after a $1,211/mo payment, leaves $77/mo cash flow. Total monthly income is $2,027/mo, and annual cash flow is $924/yr on $82,046 cash. Return on cash invested measures 21.03% in year one, and rental yield stands at 9.83% at a $247,500 entry. Equity gained on principal adds $1,597/yr while 5% annual appreciation compounds into $68,380 by year five. Five-year ROI records 111.08% and total cumulative return in cash reaches $91,133. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,027/mo property income versus a $1,211/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
4,573 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 |
|---|---|---|
| 2025-03-27 | Listed for sale | $247,500 |
| 2025-02-02 | Listing removed | $264,000 |
| 2024-12-22 | Price change | $264,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-27 | $5956.51 | -2.60% | $274,780 | -2.49% |
| 2023-03-27 | $6115.77 | -7.35% | $281,810 | 0.58% |
| 2022-03-27 | $6601.14 | N/A | $280,190 | 818.66% |
What's Special
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Listed by: Katherine Vasicek • Homestead & Ranch Real Estate
Mls Name: SABOR
Mls Provider:
Mls ID: #1853215
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.
