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 8410 Cherisse, Converse, TX, 78109 uses $87,848 cash to close to unlock $7,459/yr annual cash flow and $622/mo monthly cash flow. Total monthly income runs $2,506/mo, and a $1,297/mo payment keeps the spread at $622/mo. Purchase price stands at $265,000, and rental yield measures 11.35% with $2,506/mo rent. Return on cash invested shows 28.4% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 149.59% and total cumulative return in cash records $131,415. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,506/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 2004
6,011 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jo Helen Clark • Coldwell Banker D'Ann Harper
Mls Name: LERA MLS
Mls ID: #1873510
