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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% |
Rental property for sale in Converse at 6031 Snorkel Square, Converse, TX, 78109 priced at $268,900 pairs $2,267/mo rent with $99/mo cash flow after a $1,316/mo payment. Total monthly income equals $2,267/mo, and annual cash flow comes to $1,182/yr on $89,140 invested. Return on cash invested is 21.24% in year one, and rental yield stands at 10.12% on a $268,900 basis. Equity gained on principal adds $1,735/yr, and 5% annual appreciation accumulates to $74,292 by year five. Five-year ROI measures 112.41% and total cumulative return in cash reaches $100,204. For financing, Ziffy Mortgage’s DSCR program evaluates $2,267/mo property income against a $1,316/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
5,314 sqft lot
$N/A/sqft
$300 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 |
|---|---|---|
| 2025-04-30 | Listed for sale | $268,900 |
| 2025-02-08 | Listing removed | $269,900 |
| 2025-01-27 | Price change | $269,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-01 | $6339.57 | -0.11% | $292,450 | N/A |
| 2023-05-01 | $6346.68 | -7.05% | $292,450 | 0.91% |
| 2022-05-01 | $6828.01 | 34.69% | $289,820 | 27.43% |
Listed by: Joslynn Duncan • Orchard Brokerage
Mls Name: SABOR
Mls Provider:
Mls ID: #1826900
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.
