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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 9823 Common Law, Converse, TX, 78109 uses $94,478 cash to close to unlock $4,395/yr annual cash flow and $366/mo monthly cash flow. Total monthly income runs $2,393/mo, and a $1,395/mo payment keeps the spread at $366/mo. Purchase price stands at $285,000, and rental yield measures 10.08% with $2,393/mo rent. Return on cash invested shows 24.56% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 129.03% and total cumulative return in cash records $121,902. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,393/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 2011
6,621 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Luis Galindo • Orchard Brokerage
Mls Name: LERA MLS
Mls ID: #1898528
