








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 Converse at 5409 Basil Chase, Converse, TX, 78109 with 5% annual appreciation on a $240,000 basis while $3,146/mo rent supports operations. Total monthly income totals $3,146/mo and a $1,175/mo payment preserves $1,418/mo for cash returns. Annual cash flow comes to $17,018/yr on $79,560 deployed, and return on cash invested reaches 41.3% in year one. Equity gained on principal adds $1,549/yr, and five-year appreciation sums $66,308 alongside rental yield of 15.73%. Five-year ROI measures 218.92% and total cumulative return in cash totals $174,170.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,146/mo property income versus a $1,175/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
5,401 sqft lot
$N/A/sqft
$250 annually 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 |
|---|---|---|
| 2024-07-12 | Price change | $240,000 |
| 2024-06-14 | Price change | $247,000 |
| 2024-05-31 | Price change | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Stephen Collins • Open Exchange Brokerage LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1750657
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.