Hickory Plan, Notting HillConverseTX78109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hickory Plan, Notting Hill, Converse, TX, 78109 offers $2,506/mo rent that, after a $1,463/mo payment, leaves $380/mo cash flow. Total monthly income is $2,506/mo, and annual cash flow is $4,563/yr on $99,115 cash. Return on cash invested measures 24.51% in year one, and rental yield stands at 10.06% at a $298,990 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,605 by year five. Five-year ROI records 128.77% and total cumulative return in cash reaches $127,627. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,506/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices