Gerson Plan, Enclave at Horizon Pointe : Belmar CollectionConverseTX78109
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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
Rental property for sale in Converse at Gerson Plan, Enclave at Horizon Pointe: Belmar Collection, Converse, TX, 78109 priced at $196,999 pairs $1,892/mo rent with $491/mo cash flow after a $964/mo payment. Total monthly income equals $1,892/mo, and annual cash flow comes to $5,896/yr on $65,305 invested. Return on cash invested is 28.94% in year one, and rental yield stands at 11.52% on a $196,999 basis. Equity gained on principal adds $1,271/yr, and 5% annual appreciation accumulates to $54,427 by year five. Five-year ROI measures 152.52% and total cumulative return in cash reaches $99,602. For financing, Ziffy Mortgage’s DSCR program evaluates $1,892/mo property income against a $964/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78109, Converse, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
23,805
Single Family
21,742
Multi-Family
2,063
Businesses
804
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