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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 9306 SCHAEFER RD, Converse, TX, 78109 uses $86,190 cash to close to unlock $5,954/yr annual cash flow and $496/mo monthly cash flow. Total monthly income runs $2,407/mo, and a $1,273/mo payment keeps the spread at $496/mo. Purchase price stands at $260,000, and rental yield measures 11.11% with $2,407/mo rent. Return on cash invested shows 26.82% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 141.45% and total cumulative return in cash records $121,913. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,407/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.34 Acres 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 | Listed for sale | $260,000 |
| 2024-12-27 | Contingent | $260,000 |
| 2024-11-25 | Listed for sale | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $5054.84 | 11.08% | $303,455 | 10.00% |
| 2023-02-12 | $4550.65 | -10.02% | $275,868 | 10.00% |
| 2022-02-12 | $5057.41 | -1.75% | $250,789 | 10.00% |
Listed by: Sandra Rangel • Real
Mls Name: SABOR
Mls Provider:
Mls ID: #1825679
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.
