3639 Georgia TraceConverseTX78109
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 3639 Georgia Trace, Converse, TX, 78109 in Converse: $1,915/mo in rent, $471/mo in net income, 11.61% gross yield, 2.15 DSCR, all at $197,999. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $54,703 in appreciation and $1,824/yr in principal paydown projects total cumulative return of $106,346.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 5.2% |
| Monthly Cash Flow | $471 | $1,200 |
City averages based on Converse market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,915 |
| Total Monthly Debt Service | $1,366 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
4,791 sqft lot
$N/A/sqft
$436 annually HOA
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 |
Housing Distribution
Address Breakdown
Residential
23,805
Single Family
21,742
Multi-Family
2,063
Businesses
804
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2025
4,791 sqft lot
$N/A/sqft
$436 annually HOA
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 |
Housing Distribution
Address Breakdown
Residential
23,805
Single Family
21,742
Multi-Family
2,063
Businesses
804
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Marti • Marti Realty Group
Mls Name: LERA MLS
Mls Provider:
Mls ID: #1916600
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.