5038 Primrose RidgeConverseTX78109
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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
Investment Highlights
Investment property for sale in Converse at 5038 Primrose Ridge, Converse, TX, 78109 earns $82/mo cash flow from $1,085/mo rent with a $690/mo payment. Total monthly income totals $1,085/mo, and annual cash flow totals $989/yr on $46,741 capital. ROI tracks 22.03% on current figures, and rental yield reads 9.23% at a $140,999 purchase. Equity gained on principal adds $910/yr, and 5% annual appreciation supports $38,955 over five years. Five-year ROI reaches 115.45% and total cumulative return in cash sums $53,964. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,085/mo property income instead of your personal income.
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
No 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
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