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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 Weimar at 402 W Converse St, Weimar, TX, 78962 offers a 9.22% rental yield on a $250,000 purchase with $1,920/mo rent. Total monthly income registers $1,920/mo, and a $1,224/mo payment leaves $142/mo available for distribution. Annual cash flow reaches $1,702/yr on $82,875 to close, and return on cash invested stands at 21.96% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 115.07% and total cumulative return in cash at $95,362. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78962, Weimar, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,496 (100%) |
| Owner Occupied HU | 1,629 (65.3%) |
| Renter Occupied HU | 325 (13.0%) |
| Vacant Housing Units | 542 (21.7%) |
| Median Home Value | $298,242 |
| Average Home Value | $479,954 |
Residential
2,104
Single Family
2,062
Multi-Family
42
Businesses
229
Date | Event | Price |
|---|---|---|
| 2025-07-18 | Price change | $250,000 |
| 2025-07-01 | Price change | $249,000 |
| 2025-06-13 | Listed for sale | $259,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Nami Fisher • BK Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #54395230
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