Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 707 MEADOW FORGE, Converse, TX, 78109 offers a 10.59% rental yield on a $195,000 purchase with $1,721/mo rent. Total monthly income registers $1,721/mo, and a $954/mo payment leaves $273/mo available for distribution. Annual cash flow reaches $3,278/yr on $64,643 to close, and return on cash invested stands at 24.98% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 131.72% and total cumulative return in cash at $85,150. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,721/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
5,880 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-12-02 | Listed for sale | $195,000 |
| 2024-09-12 | Listing removed | $1,395 |
| 2024-04-13 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $3976.66 | -0.65% | $184,320 | 1.27% |
| 2023-02-12 | $4002.86 | 8.27% | $182,000 | 17.42% |
| 2022-02-12 | $3696.95 | 23.17% | $155,000 | 22.05% |
Listed by: Betzaida Torres • Epique Realty LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1826420
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.
