








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 9006 Phoenix Park, Converse, TX, 78109 priced at $525,000 converts $2,923/mo rent into after a $2,570/mo obligation. Total monthly income equals $2,923/mo. Return on cash invested prints 14.15% in year one, and rental yield reads 6.68% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 73.26% and total cumulative return in cash sums $126,537. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,923/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Single Family
Built in 2014
0.33 Acres lot
$N/A/sqft
$240 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 |
|---|---|---|
| 2025-01-23 | Listed for sale | $525,000 |
| 2024-12-10 | Listing removed | $575,000 |
| 2024-11-25 | Price change | $599,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $401,040 | 0.68% |
| 2023-02-13 | N/A | N/A | $398,343 | 10.00% |
| 2022-02-13 | $6066.94 | 19.17% | $362,130 | 22.80% |



Listed by: Frances Orozco • Texas Premier Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1836734
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.