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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 3006 Junction Bay, Converse, TX, 78109 generates $2,302/mo in rent, after a $1,635/mo payment. Total monthly income is $2,302/mo. Return on cash invested sits at 18.77% in year one, and rental yield is 8.27% on a $333,990 entry. Equity gained on principal adds $2,155/yr, while 5% annual appreciation builds toward $92,275 over five years. Five-year ROI reaches 98.07% and total cumulative return in cash sums $108,579. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,302/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
5,227 sqft lot
$N/A/sqft
$380 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 |
|---|---|---|
| 2024-11-01 | Price change | $333,990 |
| 2024-10-03 | Price change | $328,990 |
| 2024-09-16 | Price change | $333,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Patrick McGrath • Meritage Homes Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1782781
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.
