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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 6722 Shiraz Way, Converse, TX, 78109 priced at $298,900 converts $2,370/mo rent into $130/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,370/mo, and annual cash flow totals $1,557/yr on $99,085 invested. Return on cash invested prints 21.48% in year one, and rental yield reads 9.51% against a $298,900 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,581 by year five. Five-year ROI reaches 113% and total cumulative return in cash sums $111,963. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,370/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 2022
6,403 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 |
|---|---|---|
| 2025-07-29 | Listed for sale | $298,900 |
| 2025-06-25 | Listing removed | $298,900 |
| 2025-06-24 | Price change | $298,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-29 | $6089.50 | -21.67% | $341,750 | -3.32% |
| 2023-07-29 | $7774.12 | 751.03% | $353,470 | 822.90% |
| 2022-07-29 | $913.49 | N/A | $38,300 | N/A |
Listed by: Harold Johnson • Poly Properties
Mls Name: SABOR
Mls Provider:
Mls ID: #1860234
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.
