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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 8046 MYRTLE GLADE, Converse, TX, 78109 listed at $260,000 pairs $2,230/mo rent with a $1,273/mo payment to leave $355/mo cash flow. Total monthly income runs $2,230/mo, and annual cash flow reaches $4,265/yr on $86,190 cash to close. Return on cash invested measures 24.86% in year one, and rental yield registers 10.29% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 130.74% and total cumulative return in cash totals $112,685. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,230/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
8,363 sqft lot
$N/A/sqft
$303 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 |
|---|---|---|
| 2025-01-31 | Price change | $260,000 |
| 2024-12-25 | Price change | $270,000 |
| 2024-11-26 | Price change | $280,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $4300.25 | 11.01% | $257,069 | 10.00% |
| 2023-06-26 | $3873.77 | -38.04% | $233,699 | -10.85% |
| 2022-06-26 | $6252.38 | 39.61% | $262,140 | 35.73% |
Listed by: Harold Johnson • Poly Properties
Mls Name: SABOR
Mls Provider:
Mls ID: #1813609
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.
