9528 GRIFFITH RUNConverseTX78109
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Converse at 9528 GRIFFITH RUN, Converse, TX, 78109 listed at $364,974 pairs $2,376/mo rent with a $1,786/mo payment. Total monthly income runs $2,376/mo. Return on cash invested measures 17.35% in year one, and rental yield registers 7.81% at a $364,974 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,836 by year five. Five-year ROI tracks 90.5% and total cumulative return in cash totals $109,499. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,376/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
4,791 sqft lot
$N/A/sqft
$116 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78109, Converse, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
23,805
Single Family
21,742
Multi-Family
2,063
Businesses
804
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Listed by: Shane Neal • Keller Williams City-View
Mls Name: SABOR
Mls Provider:
Mls ID: #1827292
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.