








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 Drexel Plan, Willow View, Converse, TX, 78109 uses $89,505 cash to close to unlock $16,278/yr annual cash flow and $1,357/mo monthly cash flow. Total monthly income runs $3,277/mo, and a $1,322/mo payment keeps the spread at $1,357/mo. Purchase price stands at $269,999, and rental yield measures 14.56% with $3,277/mo rent. Return on cash invested shows 38.1% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 201.59% and total cumulative return in cash records $180,433. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,277/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 2024
N/A 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 |
|---|---|---|
| 2024-03-01 | Price change | $269,999 |
| 2024-02-28 | Price change | $265,999 |
| 2024-02-26 | Listed for sale | $264,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A