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 3207 Gingham Point, Converse, TX, 78109 priced at $283,999 converts $2,506/mo rent into $486/mo cash flow after a $1,390/mo obligation. Total monthly income equals $2,506/mo, and annual cash flow totals $5,838/yr on $94,146 invested. Return on cash invested prints 26.11% in year one, and rental yield reads 10.59% against a $283,999 entry. Equity gained on principal adds $1,833/yr, while 5% annual appreciation compiles into $78,464 by year five. Five-year ROI reaches 137.32% and total cumulative return in cash sums $129,280. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,506/mo property income covering a $1,390/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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 |
|---|---|---|
| 2025-02-12 | Listed for sale | $283,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A
