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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% |
Investment property for sale in Converse at 6907 Stout Way, Converse, TX, 78109 offers a 12.81% rental yield on a $399,000 purchase with $4,260/mo rent. Total monthly income registers $4,260/mo, and a $1,953/mo payment leaves $1,130/mo available for distribution. Annual cash flow reaches $13,554/yr on $132,269 to close, and return on cash invested stands at 30.16% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 159.97% and total cumulative return in cash at $211,586. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,260/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
6,359 sqft lot
$N/A/sqft
$400 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 |
|---|---|---|
| 2024-07-17 | Listed for sale | $399,000 |
| 2023-08-12 | Listing removed | N/A |
| 2023-07-15 | Listed for rent | $2,700 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $9741.24 | 56.04% | $442,910 | 69.22% |
| 2022-08-15 | $6242.86 | N/A | $261,740 | 627.06% |
| 2021-08-15 | N/A | N/A | $36,000 | 3.75% |
Listed by: Danjela Sula • Keller Williams Heritage
Mls Name: SABOR
Mls Provider:
Mls ID: #1793707
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.
