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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% |
Investment property for sale in Converse at 301 North St, Converse, TX, 78109 listed at $321,100 pairs $2,650/mo rent with a $1,572/mo payment to leave $179/mo cash flow. Total monthly income runs $2,650/mo, and annual cash flow reaches $2,144/yr on $106,445 cash to close. Return on cash invested measures 21.92% in year one, and rental yield registers 9.9% at a $321,100 basis. Equity gained on principal adds $2,072/yr, and annual property appreciation at 5% supports $88,714 by year five. Five-year ROI tracks 115.63% and total cumulative return in cash totals $123,084. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,650/mo property income relative to a $1,572/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
0.32 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-03-29 | Listing removed | $339,500 |
| 2025-02-22 | Contingent | $339,500 |
| 2025-01-13 | Listed for sale | $339,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $7581.94 | 67.65% | $343,190 | 66.90% |
| 2023-06-26 | $4522.57 | 42.49% | $205,630 | 54.53% |
| 2022-06-26 | $3173.89 | 20.99% | $133,070 | 9.72% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
