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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 8923 OLMSTEAD PARK, Converse, TX, 78109 priced at $335,000 pairs $2,027/mo rent with after a $1,640/mo payment. Total monthly income equals $2,027/mo. Return on cash invested is 15.63% in year one, and rental yield stands at 7.26% on a $335,000 basis. Equity gained on principal adds $2,162/yr, and 5% annual appreciation accumulates to $92,554 by year five. Five-year ROI measures 81.3% and total cumulative return in cash reaches $90,284. For financing, Ziffy Mortgage’s DSCR program evaluates $2,027/mo property income against a $1,640/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2013
8,494 sqft lot
$N/A/sqft
$480 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 |
|---|---|---|
| 2024-08-17 | Listed for sale | $335,000 |
| 2015-09-23 | Listing removed | $224,901 |
| 2015-06-26 | Listed for sale | $224,901 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $2273.55 | -37.69% | $283,334 | 10.00% |
| 2022-08-31 | $3648.61 | 1.51% | $257,576 | 10.00% |
| 2021-08-31 | $3594.24 | N/A | $234,160 | 3.78% |
Listed by: Tina Franklin • JPAR San Antonio
Mls Name: SABOR
Mls Provider:
Mls ID: #1801976
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.
