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 8231 Morning, Converse, TX, 78109 offers a 11.06% rental yield on a $220,000 purchase with $2,027/mo rent. Total monthly income registers $2,027/mo, and a $1,077/mo payment leaves $438/mo available for distribution. Annual cash flow reaches $5,259/yr on $72,930 to close, and return on cash invested stands at 27.12% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 142.9% and total cumulative return in cash at $104,219. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,027/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
5,052 sqft lot
$N/A/sqft
$289 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 |
|---|---|---|
| 2025-03-28 | Listed for sale | $220,000 |
| 2019-11-13 | Listing removed | $1,350 |
| 2019-09-20 | Listed for rent | $1,350 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-28 | $3469.28 | -5.60% | $184,047 | -5.62% |
| 2023-03-28 | $3675.21 | -6.09% | $195,000 | 3.17% |
| 2022-03-28 | $3913.61 | 38.16% | $189,000 | 27.70% |
Listed by: Daron Maracchini • Servant Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1853534
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.
