








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 Felton Plan, Flora Meadows: Dream Collection, Converse, TX, 78109 offers a 9.56% rental yield on a $135,999 purchase with $1,083/mo rent. Total monthly income registers $1,083/mo, and a $666/mo payment leaves $116/mo available for distribution. Annual cash flow reaches $1,386/yr on $45,084 to close, and return on cash invested stands at 22.98% in year one. Equity gained on principal adds $878/yr while 5% annual appreciation supports $37,574 over five years. Portfolio math shows five-year ROI at 120.61% and total cumulative return in cash at $54,374. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,083/mo property income against a $666/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
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 |
|---|---|---|
| 2025-11-17 | Price change | $135,999 |
| 2025-08-23 | Price change | $144,999 |
| 2025-03-11 | Price change | $159,999 |
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