








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 2922 Forsyth Canyon, Converse, TX, 78109 listed at $344,900 pairs $2,153/mo rent with a $1,688/mo payment. Total monthly income runs $2,153/mo. Return on cash invested measures 16.38% in year one, and rental yield registers 7.49% at a $344,900 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,290 by year five. Five-year ROI tracks 85.32% and total cumulative return in cash totals $97,545. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,153/mo property income relative to a $1,688/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
6,969 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 |
|---|---|---|
| 2025-03-14 | Listed for sale | $344,900 |
| 2025-03-14 | Listing removed | $344,900 |
| 2025-02-13 | Listed for sale | $344,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-14 | $758.71 | -4.22% | $35,000 | -4.11% |
| 2023-03-14 | $792.12 | -1.11% | $36,500 | 7.35% |
| 2022-03-14 | $801.02 | N/A | $34,000 | N/A |



Listed by: Mona Dale Hill • LGI Homes
Mls Name: SABOR
Mls Provider:
Mls ID: #1849856
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.