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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 3196 N Graytown Rd, Converse, TX, 78109 listed at $320,000 pairs $2,172/mo rent with a $1,566/mo payment. Total monthly income runs $2,172/mo. Return on cash invested measures 18.74% in year one, and rental yield registers 8.14% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 97.79% and total cumulative return in cash totals $103,731. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,172/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2020
1 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 |
|---|---|---|
| 2025-01-31 | Listed for sale | $320,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $592.22 | 2.60% | $89,217 | 10.00% |
| 2023-02-12 | $577.21 | -36.28% | $81,106 | 10.00% |
| 2022-02-12 | $905.92 | N/A | $73,733 | 10.00% |
Listed by: Elizabeth Araujo • Somos Real Estate
Mls Name: SABOR
Mls Provider:
Mls ID: #1838637
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.
