8910 Olmstead ParkConverseTX78109
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Converse at 8910 Olmstead Park, Converse, TX, 78109 generates $3,134/mo in rent and, after a $2,020/mo payment, leaves $199/mo in cash flow. Total monthly income is $3,134/mo, and annual cash flow is $2,388/yr on $136,843 invested. Return on cash invested sits at 21.65% in year one, and rental yield is 9.11% on a $412,800 entry. Equity gained on principal adds $2,664/yr, while 5% annual appreciation builds toward $114,049 over five years. Five-year ROI reaches 113.4% and total cumulative return in cash sums $155,174. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,134/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78109, Converse, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
23,805
Single Family
21,742
Multi-Family
2,063
Businesses
804
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