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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 Flatonia at 803 S Converse St, Flatonia, TX, 78941 at $645,000 posts ROI 37.06% with $3,007/mo cash flow from $8,004/mo rent. Total monthly income equals $8,004/mo, and annual cash flow records $36,079/yr on $212,205 to close. Return on cash invested measures 37.06% and rental yield reads 14.89% at the current $645,000. Equity gained on principal adds $4,162/yr, and 5% annual appreciation supports $178,202 by year five. Five-year ROI prints 196.85% and total cumulative return in cash totals $417,736.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $8,004/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
1.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78941, Flatonia, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,569 (100%) |
| Owner Occupied HU | 953 (60.7%) |
| Renter Occupied HU | 188 (12.0%) |
| Vacant Housing Units | 428 (27.3%) |
| Median Home Value | $304,573 |
| Average Home Value | $452,568 |
Residential
1,014
Single Family
1,014
Multi-Family
0
Businesses
160
Date | Event | Price |
|---|---|---|
| 2025-06-14 | Listed for sale | $645,000 |
| 2025-06-05 | Listing removed | $655,000 |
| 2025-04-02 | Price change | $655,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-15 | $15633.52 | -3.51% | $1,013,400 | 0.24% |
| 2023-06-15 | $16202.60 | 37.42% | $1,011,020 | 55.58% |
| 2022-06-15 | $11790.55 | -3.29% | $649,840 | 5.60% |
Listed by: Gary Holub • Holub Real Estate, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #29427782
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