Ellis Plan, Fairway CrossingConverseTX78244
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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 Ellis Plan, Fairway Crossing, Converse, TX, 78244 with 5% annual appreciation on a $309,990 basis while $2,980/mo rent supports operations. Total monthly income totals $2,980/mo and a $1,517/mo payment preserves $776/mo for cash returns. Annual cash flow comes to $9,310/yr on $102,762 deployed, and return on cash invested reaches 28.97% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,645 alongside rental yield of 11.54%. Five-year ROI measures 152.63% and total cumulative return in cash totals $156,844.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,980/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78244, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,066 (100%) |
| Owner Occupied HU | 9,199 (65.4%) |
| Renter Occupied HU | 3,968 (28.2%) |
| Vacant Housing Units | 899 ( 6.4%) |
| Median Home Value | $241,199 |
| Average Home Value | $256,297 |
Housing Distribution
Address Breakdown
Residential
13,399
Single Family
12,286
Multi-Family
1,113
Businesses
239
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