Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 3034 Junction Bay, Converse, TX, 78109 generates $3,289/mo in rent and, after a $1,552/mo payment, leaves $1,003/mo in cash flow. Total monthly income is $3,289/mo, and annual cash flow is $12,032/yr on $105,082 invested. Return on cash invested sits at 31.36% in year one, and rental yield is 12.45% on a $316,990 entry. Equity gained on principal adds $2,045/yr, while 5% annual appreciation builds toward $87,578 over five years. Five-year ROI reaches 165.59% and total cumulative return in cash sums $174,006. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,289/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 |
|---|---|---|
| 2024-06-17 | Price change | $316,990 |
| 2024-05-23 | Price change | $310,990 |
| 2024-05-07 | Price change | $316,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $763.90 | 0.39% | $35,200 | 8.98% |
| 2022-08-15 | $760.96 | N/A | $32,300 | N/A |
Listed by: Patrick McGrath • Meritage Homes Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1781768
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.
