








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 7423 CHEYNE WALK, Converse, TX, 78109 offers $2,506/mo rent that, after a $1,566/mo payment, leaves $195/mo cash flow. Total monthly income is $2,506/mo, and annual cash flow is $2,340/yr on $106,080 cash. Return on cash invested measures 22.11% in year one, and rental yield stands at 9.4% at a $320,000 entry. Equity gained on principal adds $2,065/yr while 5% annual appreciation compounds into $88,410 by year five. Five-year ROI records 116.01% and total cumulative return in cash reaches $123,063. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,506/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
6,795 sqft lot
$N/A/sqft
$107 quarterly 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 |
|---|---|---|
| 2024-11-01 | Listed for sale | $320,000 |
| 2024-09-21 | Listing removed | $324,000 |
| 2024-09-10 | Price change | $324,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Hoi Ta • Texas Premier Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1820580
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.