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% |
Rental property for sale in Converse at 8311 Jaybrook, Converse, TX, 78109 priced at $255,000 converts $2,305/mo rent into $341/mo cash flow after a $1,248/mo obligation. Total monthly income equals $2,305/mo, and annual cash flow totals $4,097/yr on $84,533 invested. Return on cash invested prints 24.76% in year one, and rental yield reads 10.85% against a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,452 by year five. Five-year ROI reaches 130.85% and total cumulative return in cash sums $110,612. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,305/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Single Family
Built in 1999
6,838 sqft lot
$N/A/sqft
$333 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 |
|---|---|---|
| 2025-05-01 | Listed for sale | $255,000 |
| 2019-03-25 | Sold | N/A |
| 2019-03-06 | Pending sale | $185,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-01 | $5705.18 | -1.85% | $258,240 | -2.29% |
| 2023-05-01 | $5812.50 | -3.44% | $264,280 | 4.72% |
| 2022-05-01 | $6019.36 | 40.24% | $252,370 | 36.59% |
Listed by: Steven Reyes • Full Spectrum Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1862790
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.
