








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 9738 GYPSY Cove, Converse, TX, 78109 uses $99,450 cash to close to unlock $1,456/yr annual cash flow and $121/mo monthly cash flow. Total monthly income runs $2,286/mo, and a $1,468/mo payment keeps the spread at $121/mo. Purchase price stands at $300,000, and rental yield measures 9.14% with $2,286/mo rent. Return on cash invested shows 21.37% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 112.07% and total cumulative return in cash records $111,456. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,286/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 2006
5,096 sqft lot
$N/A/sqft
$95 quarterly 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 |
|---|---|---|
| 2025-02-04 | Price change | $300,000 |
| 2024-11-16 | Price change | $295,000 |
| 2024-09-29 | Price change | $296,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $3588.00 | 1.66% | $286,650 | 8.08% |
| 2023-02-12 | $3529.56 | -23.09% | $265,208 | 10.00% |
| 2022-02-12 | $4589.38 | N/A | $241,098 | 11.58% |



What's Special
Pull Down Storage,Pull Down Stairs
Listed by: Michael Schultz • San Antonio Portfolio KW RE AH
Mls Name: SABOR
Mls Provider:
Mls ID: #1807977
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.