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 8132 PIONEER OAK, Converse, TX, 78109 offers a 16.5% rental yield on a $225,000 purchase with $3,094/mo rent. Total monthly income registers $3,094/mo, and a $1,101/mo payment leaves $1,394/mo available for distribution. Annual cash flow reaches $16,723/yr on $74,588 to close, and return on cash invested stands at 42.33% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 224.86% and total cumulative return in cash at $167,721. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,094/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
9,147 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 |
|---|---|---|
| 2024-07-17 | Listed for sale | $225,000 |
| 2024-07-11 | Contingent | $225,000 |
| 2024-07-09 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | N/A | N/A | $233,120 | 12.46% |
| 2022-08-14 | $4944.15 | 28.59% | $207,290 | 27.91% |
| 2021-08-14 | $3844.85 | N/A | $162,060 | 6.31% |
Listed by: Tiffany Legrand • JPAR New Braunfels
Mls Name: SABOR
Mls Provider:
Mls ID: #1791308
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.
