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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% |
Rental property for sale in Converse at 8407 crinum lily, Converse, TX, 78109 offers $2,777/mo rent that, after a $1,077/mo payment, leaves $1,187/mo cash flow. Total monthly income is $2,777/mo, and annual cash flow is $14,248/yr on $72,930 cash. Return on cash invested measures 39.45% in year one, and rental yield stands at 15.15% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 209.02% and total cumulative return in cash reaches $152,435. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,777/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
5,357 sqft lot
$N/A/sqft
$300 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 |
|---|---|---|
| 2024-02-23 | Listed for sale | $220,000 |
| 2023-03-22 | Listing removed | N/A |
| 2022-10-07 | Listed for sale | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $3360.09 | -2.37% | $178,220 | 7.28% |
| 2022-08-15 | $3441.64 | 28.49% | $166,130 | 19.88% |
| 2021-08-15 | $2678.57 | N/A | $138,580 | 10.22% |
Listed by: Danny Herndon • Century 21 The Hills Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1753916
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.
