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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 8935 AUDUBON PARK, Converse, TX, 78109 offers $2,506/mo rent that, after a $1,615/mo payment, leaves $116/mo cash flow. Total monthly income is $2,506/mo, and annual cash flow is $1,386/yr on $109,395 cash. Return on cash invested measures 21.18% in year one, and rental yield stands at 9.11% at a $330,000 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,173 by year five. Five-year ROI records 111.03% and total cumulative return in cash reaches $121,463. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,506/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
6,272 sqft lot
$N/A/sqft
$264 semi-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 |
|---|---|---|
| 2025-05-01 | Listed for sale | $330,000 |
| 2025-04-01 | Listing removed | $340,000 |
| 2024-08-29 | Listed for sale | $340,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $5218.52 | 45.65% | $301,560 | 11.14% |
| 2023-06-26 | $3582.97 | -13.43% | $271,330 | 10.00% |
| 2022-06-26 | $4138.60 | -0.46% | $246,664 | 10.00% |
What's Special
12"+ Attic Insulation,Pull Down Storage,Partially Floored,Pull Down Stairs,Attic - Radiant Barrier Decking
Listed by: James Payne • JB Goodwin, REALTORS
Mls Name: SABOR
Mls Provider:
Mls ID: #1862657
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.
