








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 5116 Royal Mile, Converse, TX, 78109 priced at $336,950 converts $2,506/mo rent into $60/mo cash flow after a $1,649/mo obligation. Total monthly income equals $2,506/mo, and annual cash flow totals $721/yr on $111,699 invested. Return on cash invested prints 20.55% in year one, and rental yield reads 8.92% against a $336,950 entry. Equity gained on principal adds $2,174/yr, while 5% annual appreciation compiles into $93,093 by year five. Five-year ROI reaches 107.74% and total cumulative return in cash sums $120,345. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,506/mo property income covering a $1,649/mo payment, not borrower’s personal income.
Single Family
Built in 2024
5,662 sqft lot
$N/A/sqft
$150 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 |
|---|---|---|
| 2025-01-31 | Price change | $336,950 |
| 2024-12-31 | Price change | $334,950 |
| 2024-12-23 | Price change | $333,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: R.J. Reyes • Keller Williams Heritage
Mls Name: SABOR
Mls Provider:
Mls ID: #1819569
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.