








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 2934 Forsyth Canyon, Converse, TX, 78109 earns $57/mo cash flow from $2,027/mo rent with a $1,331/mo payment. Total monthly income totals $2,027/mo, and annual cash flow totals $684/yr on $90,135 capital. ROI tracks 20.67% on current figures, and rental yield reads 8.95% at a $271,900 purchase. Equity gained on principal adds $1,755/yr, and 5% annual appreciation supports $75,121 over five years. Five-year ROI reaches 108.28% and total cumulative return in cash sums $97,594. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,027/mo property income instead of your personal income.
Single Family
Built in 2024
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 |
|---|---|---|
| 2025-03-14 | Listed for sale | $271,900 |
| 2025-03-14 | Listing removed | $271,900 |
| 2025-02-13 | Listed for sale | $271,900 |
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: #1849853
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.