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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 3429 Meteor Night, Converse, TX, 78109 priced at $367,990 converts $2,506/mo rent into after a $1,801/mo obligation. Total monthly income equals $2,506/mo. Return on cash invested prints 18.47% in year one, and rental yield reads 8.17% against a $367,990 entry. Equity gained on principal adds $2,375/yr, while 5% annual appreciation compiles into $101,669 by year five. Five-year ROI reaches 96.46% and total cumulative return in cash sums $117,670. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,506/mo property income covering a $1,801/mo payment, not borrower’s personal income.
Single Family
Built in 2025
4,356 sqft lot
$N/A/sqft
$107 quarterly 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 |
|---|---|---|
| 2025-02-04 | Price change | $367,990 |
| 2025-01-27 | Price change | $294,990 |
| 2024-07-03 | Listed for sale | $289,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Attic - Radiant Barrier Decking
Listed by: Dayton Schrader • eXp Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1839719
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.
