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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 6635 Meadow Dawn, Converse, TX, 78109 generates $2,286/mo in rent and, after a $1,180/mo payment, leaves $555/mo in cash flow. Total monthly income is $2,286/mo, and annual cash flow is $6,661/yr on $79,891 invested. Return on cash invested sits at 28.25% in year one, and rental yield is 11.38% on a $240,999 entry. Equity gained on principal adds $1,555/yr, while 5% annual appreciation builds toward $66,584 over five years. Five-year ROI reaches 148.92% and total cumulative return in cash sums $118,972. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,286/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
8,276 sqft lot
$N/A/sqft
$200 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 |
|---|---|---|
| 2025-05-11 | Price change | $240,999 |
| 2025-04-25 | Listed for sale | $255,000 |
| 2025-04-24 | Listing removed | $255,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $1251.10 | -2.20% | $257,948 | 10.00% |
| 2023-06-26 | $1279.24 | -50.65% | $234,498 | 10.00% |
| 2022-06-26 | $2592.12 | 3.33% | $213,180 | 10.00% |
Listed by: Elisa Wilcox • Keller Williams Legacy
Mls Name: SABOR
Mls Provider:
Mls ID: #1861222
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.
