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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 8507 CHEYENNE BLF, Converse, TX, 78109 offers $1,915/mo rent that, after a $1,223/mo payment, leaves $72/mo cash flow. Total monthly income is $1,915/mo, and annual cash flow is $861/yr on $82,842 cash. Return on cash invested measures 20.95% in year one, and rental yield stands at 9.2% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 109.98% and total cumulative return in cash reaches $91,106. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,915/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
6,054 sqft lot
$N/A/sqft
$96 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 |
|---|---|---|
| 2025-04-21 | Listed for sale | $249,900 |
| 2019-06-11 | Listing removed | $1,500 |
| 2019-04-06 | Listed for rent | $1,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-22 | $4848.22 | -6.20% | $219,450 | -6.62% |
| 2023-04-22 | $5168.52 | N/A | $235,000 | 5.85% |
| 2022-04-22 | N/A | N/A | $222,020 | 29.26% |
What's Special
Pull Down Storage
Listed by: Betty Coleman • CLRE LLC Canyon Land Real Estate and Property Mana
Mls Name: SABOR
Mls Provider:
Mls ID: #1860177
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.
