3507 Alonzo Fields, Converse, TX, 78109 | $480/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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3507 Alonzo Fields, Converse, TX, 78109 | $480/mo Cash Flow | Ziffy

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Converse at 3507 Alonzo Fields, Converse, TX, 78109 earns $480/mo cash flow from $2,027/mo rent with a $1,065/mo payment. Total monthly income totals $2,027/mo, and annual cash flow totals $5,758/yr on $72,101 capital. ROI tracks 27.9% on current figures, and rental yield reads 11.18% at a $217,500 purchase. Equity gained on principal adds $1,403/yr, and 5% annual appreciation supports $60,091 over five years. Five-year ROI reaches 146.87% and total cumulative return in cash sums $105,894. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,027/mo property income instead of your personal income.

Single Family

Built in 2009

4,399 sqft lot

$N/A/sqft

No HOA

More details about the property

In Converse's Windfield neighborhood, just off N Foster Road, is where you will find this charming one-story, three-bedroom, two-bath home. A handsome brick exterior invites you in where you'll discover a modern, open floor plan featuring a large living-dining room combination and functional L-shaped eat-in kitchen with breakfast bar. The large primary bedroom is located at the back of house, just off the kitchen, and has an ensuite bath with double vanities and garden tub. The two secondary bedrooms are nicely sized and share a hall bath at the front of the house. Neutral colors and wood-like laminate and plush carpeting ground the home. Outside, there's a two-car garage, large driveway and easy-to-maintain front and back yards. This home is move-in ready, and great for a new homeowner or investor. Property is tenant occupied and subject to a lease through 02/28/2026. Please provide at least 8 hours advance notice for showings.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78109, Converse, TX area.

Housing Distribution

Housing Statistics

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