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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 309 Royal, Converse, TX, 78109 earns from $1,340/mo rent with a $857/mo payment. Total monthly income totals $1,340/mo. ROI tracks 18.68% on current figures, and rental yield reads 9.19% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 98.66% and total cumulative return in cash sums $57,235. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,340/mo property income instead of your personal income.
Single Family
Built in 1973
9,757 sqft 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 |
|---|---|---|
| 2025-05-30 | Listed for sale | $175,000 |
| 2016-07-15 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | $4762.04 | 0.87% | $215,550 | 0.42% |
| 2023-05-30 | $4720.75 | -0.21% | $214,640 | 8.21% |
| 2022-05-30 | $4730.92 | 22.44% | $198,350 | 26.28% |
Listed by: Jeramy Touchstone • Weichert, REALTORS - Select
Mls Name: SABOR
Mls Provider:
Mls ID: #1871275
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.
