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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 8928 Ladbroke Grv, Converse, TX, 78109 generates $2,027/mo in rent, after a $1,457/mo payment. Total monthly income is $2,027/mo. Return on cash invested sits at 18.36% in year one, and rental yield is 8.17% on a $297,700 entry. Equity gained on principal adds $1,921/yr, while 5% annual appreciation builds toward $82,249 over five years. Five-year ROI reaches 95.91% and total cumulative return in cash sums $94,654. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,027/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
8,494 sqft lot
$N/A/sqft
$450 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 |
|---|---|---|
| 2024-08-07 | Listed for sale | $297,700 |
| 2024-07-11 | Listing removed | N/A |
| 2024-07-05 | Price change | $287,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $4790.68 | -9.30% | $290,158 | 10.00% |
| 2022-08-15 | $5281.96 | 5.30% | $263,780 | 10.00% |
| 2021-08-15 | $5016.15 | N/A | $239,800 | 7.53% |
Listed by: Cynthia Manak • LPT Realty LLC
Mls Name: NTREIS
Mls ID: #20699440
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.
