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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% |
Investment property for sale in Converse at 9262 RHODE DR, Converse, TX, 78109 offers a 8.79% rental yield on a $199,500 purchase with $1,462/mo rent. Total monthly income registers $1,462/mo, and a $976/mo payment leaves $44/mo available for distribution. Annual cash flow reaches $525/yr on $66,134 to close, and return on cash invested stands at 20.7% in year one. Equity gained on principal adds $1,287/yr while 5% annual appreciation supports $55,118 over five years. Portfolio math shows five-year ROI at 108.32% and total cumulative return in cash at $71,635. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,462/mo property income against a $976/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
9,016 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-01-02 | Price change | $199,500 |
| 2024-12-11 | Price change | $217,500 |
| 2024-12-03 | Listed for sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $321.68 | -9.51% | $14,840 | -9.40% |
| 2023-02-13 | $355.48 | -19.01% | $16,380 | -12.08% |
| 2022-02-13 | $438.91 | 44.51% | $18,630 | 61.72% |
Listed by: Todd Hackett • Hall American Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1826683
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.
