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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 3110 Drayton Estates, Converse, TX, 78109 generates $2,027/mo in rent, after a $1,458/mo payment. Total monthly income is $2,027/mo. Return on cash invested sits at 18.36% in year one, and rental yield is 8.17% on a $297,900 entry. Equity gained on principal adds $1,922/yr, while 5% annual appreciation builds toward $82,304 over five years. Five-year ROI reaches 95.91% and total cumulative return in cash sums $94,717. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,027/mo property income rather than buyer’s 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 |
|---|---|---|
| 2024-12-19 | Listed for sale | $297,900 |
| 2024-11-04 | Listing removed | $302,900 |
| 2024-10-24 | Listed for sale | $302,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $35,000 | -4.11% |
| 2023-12-27 | $792.12 | -1.11% | $36,500 | 7.35% |
| 2022-12-27 | $801.02 | N/A | $34,000 | 11.48% |
Listed by: Mona Dale Hill • LGI Homes
Mls Name: SABOR
Mls Provider:
Mls ID: #1830204
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.
