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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 718 Meadow Burst, Converse, TX, 78109 offers $1,751/mo rent that, after a $930/mo payment, leaves $388/mo cash flow. Total monthly income is $1,751/mo, and annual cash flow is $4,661/yr on $62,985 cash. Return on cash invested measures 27.31% in year one, and rental yield stands at 11.06% at a $190,000 entry. Equity gained on principal adds $1,226/yr while 5% annual appreciation compounds into $52,494 by year five. Five-year ROI records 143.84% and total cumulative return in cash reaches $90,600. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,751/mo property income versus a $930/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
4,704 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 |
|---|---|---|
| 2025-04-25 | Listed for sale | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-26 | $3290.97 | 11.89% | $208,249 | 10.00% |
| 2023-04-26 | $2941.29 | -15.70% | $189,317 | 10.00% |
| 2022-04-26 | $3488.90 | 7.37% | $172,106 | 10.00% |
Listed by: Delaney Montoya • Levi Rodgers Real Estate Group
Mls Name: SABOR
Mls Provider:
Mls ID: #1861469
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.
